Identifier
Created
Classification
Origin
04AMMAN6410
2004-07-28 14:29:00
UNCLASSIFIED
Embassy Amman
Cable title:  

INVESTMENT CLIMATE STATEMENT APPENDIX, 2004 -

Tags:  EINV EFIN ELAB KTDB PGOV JO 
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UNCLAS AMMAN 006410

SIPDIS

USDOC/CIMS NTDB WASHDC
STATE FOR EB/IFD/OIA
STATE PASS TO USTR AND TO OPIC

E.O. 12958: N/A
TAGS: EINV EFIN ELAB KTDB PGOV JO
SUBJECT: INVESTMENT CLIMATE STATEMENT APPENDIX, 2004 -
JORDAN

REF: STATE 141379

In response to reftel request, Post submits an appendix
outlining substantive changes in Jordan's investment climate
since submission of the 2003 Investment Climate Statement.

BEGIN TEXT OF APPENDIX

Jordan - July 2004 Appendix to 2003 Investment Climate
Statement

This appendix serves as an update to the 2003 Investment
Climate Statement for Jordan. It has been provided to assist
investors in the interim period resulting from the U.S.
Government's decision to begin publishing the Country
Commercial Guide (of which the Investment Climate Statement
is a chapter) on a calendar year basis, in January instead of
August.

The United States Government has reviewed the 2003 Investment
Climate Statement for Jordan, and has noted the following
changes that have occurred since its publication. In most
circumstances, if a portion of the 2003 Investment Climate
Statement has not been modified in this appendix, it is
because the U.S. Government is satisfied that it continues to
accurately reflect the state of affairs in Jordan as of July

2004.

Openness to Foreign Investment: No significant changes since

2003.

Conversion and Transfer Policies: No significant changes
since 2003.

Expropriation and Compensation: No significant changes since

2003.

Dispute Settlement: While the Government of Jordan may
recognize decisions of the International Center for the
Settlement of Investment Disputes (ICSID),it has exercised
its right to dispute the jurisdiction of ICSID in at least
one case.

Performance Requirements and Incentives: No significant
changes since 2003.

Right to Private Ownership and Establishment: No significant
changes since 2003.

Protection of Property Rights: Jordan has acceded to the
World Intellectual Property Organization (WIPO) treaties on
copyright (WCT) and performances and phonographs (WPPT).
Jordan's record on IPR enforcement has improved. However,
effective enforcement mechanisms and legal procedures are
sill under review and are in need of further refinement.

Transparency of the Regulatory System: No significant
changes since 2003.

Efficient Capital Markets and Portfolio Investment: No
significant changes since 2003.

Political Violence: No significant changes since 2003.

Corruption: No significant changes since 2003.

Bilateral Investment Agreements: No significant changes
since 2003.

OPIC And Other Investment Insurance Programs: No significant
changes since 2003.

Labor: No significant changes since 2003.

Foreign Trade Zones/Free Ports: No significant changes since

2003.

Foreign Direct Investment Statistics: Statistics will be
updated in the next full revision of the Investment Climate
Statement, which will be published in January 2005.

END TEXT OF APPENDIX
HALE