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Is Israel a party to any regional Free Trade Agreement?
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Israel is party to regional Free Trade Agreements with the following countries: United States - the agreement was ratified in 1985 and allows for all industrial products to be duty free. European Free Trade Association- the agreement was ratified in 1993 and allows for all industrial products and certain agricultural products to be duty free. Jordan- the agreement entered into between Israel and Jordan in 1995 constitutes a free trade and economic cooperation agreement within the framework of which the parties undertook to cancel any existing economic embargos and to take the necessary steps towards achieving economic cooperation. Canada - the agreement was ratified in 1997 and with immediate effect exempted almost all industrial products from custom duties. The Czech Republic and Slovakia - the respective free trade agreements were ratified in 1997. Customs duties with respect to most industrial products were rescinded upon the entry into effect of these agreements. Today, all industrial products are exempt from customs duties and tariff-rate quotas have been imposed on certain agricultural products; Turkey- the agreement was ratified in May 1997 and with immediate effect, customs duties with respect to most industrial products were rescinded. Today, all industrial productsare exempt from customs duties and tariff rate quotas have been imposed on certain agricultural products; Hungry (1998) Poland (1998) Slovenia (1998) - the respective provisions of the agreements entered into with each of these countries provide for phased tariff reduction on industrial products and tariff rate quotason some agricultural products. Mexico (2000) - the provisions of this agreement are similiar to those included in the FTAA with Canada. Romania (2001) and Bulgaria (2001)- the respective agreements entered into with each of these countries allows for most industrial products to be duty free.
U.S. Department of Commerce
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