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EC - Jordan Annexes - WITS

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authorization.<br />

News agency services:<br />

In some Member States limitations exist on foreign participation in publishing companies<br />

and broadcasting companies.<br />

ANNEX V I<br />

JORDANIAN RESERVATIONS TO NATIONAL TREATMENT REFERRED TO IN ARTICLE 30 ( 2 )<br />

(a)<br />

With the aim of improving the national treatment conditions in all sectors, the above list<br />

of reservations is subject to review within two years after the entry into force of the<br />

Agreement.<br />

Non <strong>Jordan</strong>ian investors may own no more than 50% of any project or economic activity<br />

in the following sectors:<br />

(a)<br />

construction contracting;<br />

(b)<br />

trade and trade services;<br />

(c)<br />

mining;<br />

Non <strong>Jordan</strong>ian investors may purchase securities listed on the Amman financial market in<br />

<strong>Jordan</strong>ian currency, provided that the funds are transferred from a convertible foreign<br />

currency.<br />

Non <strong>Jordan</strong>ian ownership in a public share-holding company may not exceed 50% unless<br />

the percentage of non <strong>Jordan</strong>ian ownership was more than 50% at the time of closing of<br />

subscription, in which case the maximum limit on non <strong>Jordan</strong>ian ownership shall be fixed

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