Jordan Enterprise Development Corporation (JEDCO) was established through decree of the council of ministers on 12 June, 2003 to legally replace the Jordan Export Development and Commercial Centers Corporation. Stemming from the Government's keenness on raising the competitiveness and pace of development that enterprises and economic projects were undergoing, Jordan's Upgrading and Modernization Programme (JUMP) and the Euro-Jordanian Export Programme (EJEP) were integrated with JEDCO in 2006, thus providing complete and integrated services to beneficiaries. This was a milestone activity aimed at facilitating enterprise modernization; development of their efficiency and capacity, therefore, enabling them to maximize the benefits of economic and trade agreements signed by Jordan, and enabling them to face the challenges of globalization and the penetration of non-traditional markets. JEDCO is overseen by a Steering Committee headed by H.E. Minister of Industry and Trade and is equally comprised of representatives from both the public and private sectors.