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Jordan Turkey Free Trade Agreement

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Jordan Turkey Free Trade Agreement

By master

2 مارس، 2022

An interactive list of bilateral and multilateral free trade instruments is available on the TREND-Analytics website. [59] List of agreements under negotiation. Agreements that have so far only been discussed without formal action by the parties concerned are not listed. List of agreements between two states, two blocs or one bloc and one state. Jordanian Minister of Industry, Trade and Public Services Tariq Hammouri, accompanied by a delegation, visited the capital Ankara for the deal, Ruhsar Pekcan said in a message on Twitter. The People`s Republic of China has bilateral trade agreements with the following blocs, countries and their two special administrative regions:[13] The Eurasian Economic Union, consisting of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, has the following free trade agreements, see below here. Jordan and Turkey have enjoyed a long relationship since the early 1990s. In 1994, Jordan and Turkey established the Turkish-Jordanian Economic Council. The Council`s objective is to serve as a model for joint ventures between the two countries. The Council encourages the private sector in both countries to reciprocate on trade and investment. In 2011, Jordan and Turkey also signed a free trade agreement (FTA), which removes tariff barriers and facilitates bilateral trade and investment. The Ministry of Labour is working with the International Labour Organization`s (ILO) Better Work programme, funded by Dol, to improve its understanding of internationally recognised labour standards and the audit process in the garment sector, including by assigning labour inspectors to the project. The ongoing commitment focuses on internalizing the lessons learned from Better Work to build the capacity of labour inspectors, conducting inspections that include dormitories in qizs, and ongoing outreach to ensure stakeholders understand their legal rights to participate in unions and enjoy workplaces without discrimination or harassment.

Jordan has also worked with Better Work Jordan to ensure that factory-level audits are publicly available Afghanistan has concluded bilateral agreements with the following countries and blocs:[1] At the last Joint Committee meeting in May 2016, the United States and Jordan discussed the work, agriculture, in particular the current technical barriers to agricultural trade, the adoption of the World Trade Organization (WTO) Trade Facilitation Agreement and accession to the WTO Agreement on Government Procurement. The parties opened a dialogue to identify concrete measures to promote trade and investment bilaterally and between Jordan and other countries in the Middle East. After the conclusion of the meetings, the issue of import licensing for poultry from the United States was resolved to allow the importation of U.S. poultry into Jordan. Poultry imports of US$8 million were exported to Jordan in 2017. The following agreements have been replaced by the customs union between the European Union and Turkey: the United States has also continued its cooperation with Jordan in the field of labour standards. In 2016, the Ministry of Labour (DOL) removed Jordanian clothing from its list of goods produced by child labour or forced labour on the grounds that the frequency of forced labour in the Jordanian garment sector had decreased significantly. The United States and Jordan have sought to build on this success through ongoing efforts under the 2013 Implementation Plan for Working and Living Conditions of Workers in Jordan. The plan addresses labour issues in Jordanian garment factories, including those related to anti-union discrimination against foreign workers, accommodation conditions for foreign workers, and gender-based discrimination and harassment. In 2016, Jordan`s Ministries of Health and Labour signed an agreement to ensure that labour inspections also include garment dormitories, meeting one of the outstanding commitments in the implementation plan. Inspections began in 2017.

The United States and Jordan continued to work towards the completion of the implementation plan. While joint economic committees hold meetings to boost bilateral trade, free trade agreements reduce barriers to trade such as import quotas and tariffs. As soon as it entered into force, that Agreement replaced the Trade Agreement between the Government of the Republic of Turkey and the Government of the Hashemite Kingdom of Jordan (signed on 17 June 1980) and the Agreement on Economic, Industrial and Technical Cooperation between the Government of the Republic of Turkey and the Government of the Hashemite Kingdom of Jordan (signed on 4 December 1983). The Turkey-Jordan Association Agreement removed tariffs and non-tariff barriers to trade between the parties. The agreement also regulates many areas, including sanitary and phytosanitary measures, intellectual property rights, internal taxation, balance of payments, mitigation, safeguard measures, rules of origin and structural adjustments, as well as the list of specific areas of cooperation. For industrial products, customs duties and charges having equivalent effect on imports into Turkey on products originating in Jordan not included in List A of Annex II were abolished with the entry into force of the Agreement. Customs duties and charges having equivalent effect on imports into Jordan for products originating in Turkey not included in List A of Annex II or in Lists B1, B2 and B3 were abolished on the date of entry into force of the Agreement. Customs duties and charges having equivalent effect on imports into Jordan of products originating in Turkey listed in Annex II to List B1, List B2 and List B3 shall be abolished by 1 January 2018 at the latest in accordance with Article 5 of the Agreement.

For the products listed in Annex II, List A, originating in Turkey, and for the products listed in Annex II, List A, originating in Jordan, the Association Council shall review a review of the arrangements applicable three years after the entry into force of the Agreement. For agricultural products, Turkey and Jordan have granted unlimited tariff reductions and/or tariff reductions in the form of tariff quotas for certain agricultural products under the Turkey-Jordan Association Agreement. Agricultural products subject to concessions are listed in Protocol I to the Agreement. Products subject to preferential duties should comply with the rules of origin laid down in Protocol II to the Agreement. Bilateral trade between the two countries amounted to nearly $960 million, with Turkey`s exports to Jordan amounting to $860.9 million in 2018. Switzerland (which has a customs union with Liechtenstein, which is sometimes included in agreements) has bilateral agreements with the following countries and blocs:[41] The United States and Jordan continue to benefit from a comprehensive economic partnership. A key element of this relationship is the U.S.-Jordan Free Trade Agreement (FTA), which entered into force on December 17, 2001, and was fully implemented on January 1, 2010. In addition, the Qualified Industrial Zones (QIV) program introduced by the U.S. Congress in 1996 allows the duty-free importation of products into the United States if they are manufactured in Jordan, Egypt or the West Bank and Gaza Strip with a certain amount of Israeli content. The volume of trade between Turkey and Jordan was achieved in 2017 at 795 million US dollars, which corresponds to a decrease of 2% compared to 2016.

In 2017, imports from Jordan amounted to $113 million, while exports to Jordan amounted to $682 million. (*) The agreement was revoked with effect from 22 November 2018. Turkey and Jordan have signed a framework agreement for a Joint Economic Committee (CIS) to boost bilateral trade, turkey`s trade minister announced in late October. This is a list of free trade agreements between two parties, where each party could be a country (or other customs territory), a trading bloc or an informal group of countries. She said the framework agreement establishing the JEC will boost bilateral trade and economic relations. EFTA[17] has concluded bilateral agreements with the following countries, including dependent territories, and blocs: this page lists the free trade agreements signed by Turkey. [1] In 1995, Turkey signed a customs union with the European Union for goods other than agricultural products and services. Since 2018, the EU has been Turkey`s main trading partner, accounting for 50% of its exports and 36% of its imports. [2] The Free Trade Agreement (FTA) between the two countries, signed in March 2011, was terminated by Jordan last year due to negative economic conditions. For fully multilateral agreements (not included below), see: List of multilateral free trade agreements.

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