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Jordan and Israel Will Trade Water Under New Agreement


JNS.orgJordanian Prime Minister Abdalla Ensour and his cabinet approved a new plan to trade water with Israel.  In a new Red Sea desalination project expected to cost $1 billion, Jordan will sell part of the resulting water to Israel in exchange for water from the Tiberias reservoir.

Middle East countries are known to face chronic water shortages.

“We will sell Israel water at a rate of JD1 per cubic metre and buy from them at a rate of JD0.3 per cubic metre. This process will save us the effort and cost of conveying water from the south to the northern governorates,” Ensour said, the Jordan Timesreported.

According to Jordanian Minister of Water and Irrigation Hazem Nasser, the agreement is legal based on Article 2 of the peace treaty signed with Israel in 1994, and is of “strategic national interest” to Jordan.

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Source: The Algemeiner

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Posted by on August 23, 2013. Filed under Breaking News,Business News,Israeli News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.