Jordan and US sign MoU on Friday to support Jordan over the next 7 years
Jordan and the US will sign today, Friday, memorandum of understanding in Washington whereby the US will provide $10.15 billion over the next 7 years to the kingdom.
The MoU confirms the strategic partnership between the two countries' governments, framing the support provided to the Kingdom.
Before the signing ceremony, bilateral talks will take place between Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi and his US counterpart Antony John Blinken at 6 pm Amman time, followed by a joint press conference.
A joint statement was issued after The King met Biden on July 16, on the sidelines of the Jeddah summit, during which Biden confirmed the US intention to sign a new memorandum of understanding with Jordan, which includes granting Jordan an annual aid of no less than $1.45 billion in the period 2023–2029.
The new memorandum is the largest in terms of the amount of aid provided to Jordan, and the longest in terms of time, and is based on more than 7 decades of strategic partnership between the two countries.
The MoU reflects the political commitment of the US to support Jordan, its stability and the strong partnership between the two countries, and aims to meet Jordan's needs and support the economic reform program announced by His Majesty King Abdullah.
President Biden reaffirmed the US absolute support for Jordan as a key ally of the United States and a peace force in the region, and for the leadership of King Abdullah.
The text of the following statement was released by the Governments of the United States of America and the Hashemite Kingdom of Jordan on the occasion of the signing of the U.S.-Jordan Memorandum of Understanding on Strategic Partnership.
Today, we signed the fourth Memorandum of Understanding on Strategic Partnership (MOU) between the United States and the Hashemite Kingdom of Jordan. The United States supports providing $1.45 billion per year in U.S. bilateral foreign assistance to Jordan beginning in Fiscal Year 2023 and ending in Fiscal Year 2029. One of the most significant bilateral instruments of its kind, the MOU represents a major commitment to Jordan’s stability and the durability of the strategic partnership.
The U.S. commitment to Jordan’s security and prosperity is ironclad, and this MOU will address the extraordinary challenges Jordan faces, as it mitigates the heavy impact of regional challenges, supports King Abdullah II’s economic reform program, and ensures the long-term strength of the close partnership between the United States and Jordan.
This MOU comes at a critical juncture. The Government of Jordan is prioritizing and implementing key reforms to strengthen its economy and enhance services to its people.
The Hashemite Kingdom of Jordan highly values its partnership with the United States of America and is grateful for the support it continues to provide to Jordan to help its economic development process and support the Kingdom’s efforts in providing dignified lives to millions of refugees.
The United States is committed to helping Jordan further develop its economy and strengthen its resilience. We will work together to confront the climate crisis, including the severe water scarcity challenge. Our partnership will also foster cooperation and investment in infrastructure, energy, water, food security and climate, facilitating much-needed regional integration.
This MOU will advance the peace and prosperity of Jordanians and Americans, and we look forward to further developing the deep, enduring friendship between our peoples.