|
ANNEX VI |
|
|
|
|
|
With the aim of improving the national treatment
conditions in all sectors, the above list of reservations is subject to
review within two years after the entry into force of the Agreement. |
|
|
Non Jordanian investors may own no more than 50% of any
project or economic activity in the following sectors: |
|
|
(a) |
construction contracting; |
|
(b) |
trade and trade services; |
|
(c) |
mining; |
|
Non Jordanian investors may purchase securities listed on the Amman
financial market in Jordanian currency, provided that the funds are
transferred from a convertible foreign currency. |
|
|
Non Jordanian ownership in a public share-holding company may not
exceed 50% unless the percentage of non Jordanian ownership was more than 50%
at the time of closing of subscription, in which case the maximum limit on
non Jordanian ownership shall be fixed at that percentage. |
|
|
The minimum amount of non-Jordanian investment in any project shall be
JD100,000 (one hundred thousand
Jordanian Dinars), except for investment in the Amman financial market, where
the minimum investment amount shall be JD 1000 (one thousand Jordanian
Dinars). |
|
|
The purchase,
sale or rental of immovable assets by a non Jordanian is subject to the prior
consent of the Cabinet of Ministers. |
|