Prime Minister Narendra Modi has set an ambitious target to elevate bilateral trade between India and Jordan to $5 billion over the next five years, according to a report from The Economic Times. This initiative highlights India’s ongoing efforts to strengthen economic partnerships in the Middle East and expand its global trade footprint.

The announcement underscores a strategic push to deepen commercial ties, leveraging existing agreements and exploring new sectors for collaboration. Both nations are expected to focus on enhancing cooperation in areas such as pharmaceuticals, information technology, renewable energy, and agriculture to achieve this significant trade milestone.

This development aligns with India’s broader foreign policy objectives to foster stronger economic diplomacy and diversify its international trade relationships. Achieving the $5 billion target would mark a substantial increase from current trade levels, potentially opening new avenues for investment and mutual growth.