Free Trade Agreement Jordan Us

The United States and Jordan continue to benefit from a comprehensive economic partnership. A key element of these relations is the U.S.-Jordan Free Trade Agreement, which came into force on December 17, 2001 and was fully implemented on January 1, 2010. In addition, the “Qualified Industrial Zones” (QIZs) program, established in 1996 by the U.S. Congress, provides access to the United States without a product when produced in Jordan, Egypt or the West Bank and Gaza Strip, with a certain amount of Israeli content. The Ministry of Labour is working with the DOL-funded Better Work program to improve its understanding of internationally recognized labour standards and the audit process in the apparel sector, including assigning labour inspectors to the project. The current commitment focuses on internalizing the lessons learned from Better Work, in order to build the capacity of labour inspectors, on carrying out inspections including dormitories in QIZs, and on continuing advertising efforts to ensure that stakeholders understand their legal rights to participate in trade unions and that they enjoy jobs without discrimination or harassment. Jordan has also worked with Better Work Jordan to ensure that plant-level audits are publicly available. In addition, The Skilled Industrial Zones (QIZs) created in 1996 under President Bill Clinton, manufactured in Israel, Jordan, Egypt or the West Bank and gaza Strip, have allowed duty-free entry into the United States. Exports must have at least 35% of their added value from Israel, Jordan (i.e. QIZ) and the West Bank or Gaza to be eligible as beneficiaries of QIZ. Jordanian exports also needed at least 8% of their added value to come from Israel. [1] The Free Trade Agreement is the first trade agreement to contain substantial provisions on e-commerce, a step that should help promote a global free trade agenda in a critical sector for U.S.

high-tech and multimedia companies. The two countries agreed to seek to avoid tariffs on electronic transmissions, impose unnecessary barriers to market access for digitized products, and impede the ability to provide services electronically. These provisions are also part of service commitments, which together aim to encourage investment in new technologies and encourage the innovative use of networks for the provision of products and services. The agreement will significantly liberalize bilateral trade in services in a wide range of service sectors. Unlike many trade agreements, the U.S.-Jordan Free Trade Agreement has received broad, bipartisan and multi-sector support. Supporters have referred to the removal of tariffs and other trade barriers as a blessing for exports. [3] The Jordanian Free Trade Agreement (JOFTA) came into force on 17 December 2001. Under the agreement, virtually all Jordanian products arrive in the United States duty-free. The Jordanian Free Trade Agreement does not provide for an exemption from the Goods Processing Tax (MPF).

At the last meeting of the Joint Committee in May 2016, the United States and Jordan discussed the work, agriculture, in particular current technical barriers to trade, the adoption of the World Trade Organization (WTO) Trade Facilitation Agreement and adherence to the WTO Public Procurement Agreement.

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