Wednesday, April 14, 2010

Business with Israel pays off in Jordan

[Repulsive report about Normalization with "Israel" , UC Berkely is boycotting and divesting from the criminal state while Jordan is happy about doing business with them , how shameful ]

IRBID, Jordan — Manager Rami Kurdi snapped off a quick celebratory salute to his workers as the factory's bell rang, marking the completion of the day's 1,000th tracksuit in record time.

For Kurdi and the employees at the Century Standard Textile plant, one of several that manufacture clothing for top brands like Calvin Klein, Victoria's Secret, Nike and Reebok, the new record was a source of personal pride.

It's also the sign of the success of a key economic prize from Jordan's peace with Israel. The factory is one of dozens in Jordan's Qualified Industrial Zones, where companies that use a percentage of Israeli inputs can export duty-free to the United States. The QIZs, as they are known, have become the strongest engine for Jordan's economic growth.

"Peace with Israel has paid off," Kurdi said. "It made us so busy getting clothing to Americans that it's hard to keep up with the demand."

Over the past decade, Israel — which previously was the main Mideast textile exporter to the U.S. — has helped its Arab neighbor develop greater skills and access in the textile industry. Ten Israeli factories opened shops in the QIZs. Exports from the QIZs go through Israel's Mediterranean port of Haifa to reduce shipping costs from Jordan, which has only one sea outlet via the Red Sea.

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