U.S.-Jordan Sign Agreement on Reciprocal Trade
The U.S. and Jordanian governments in Washington, D.C., today, July 21, signed an agreement on reciprocal trade.
Key terms of the agreement, according to a White House fact sheet, include:
- Jordan will continue to provide duty-free market access for almost all U.S. goods exported to Jordan.
- Jordan has committed to improving trade with the U.S. by enforcing environmental laws, protecting labor rights, including by prohibiting the importation of goods produced by forced labor, strengthening intellectual property protection, ensuring fair trade practices, and improving customs procedures.
- Jordan will remove non-tariff trade barriers and expand market access for U.S. goods, including U.S. agricultural products and U.S. motor vehicles.
- The U.S. and Jordan will strengthen economic and national security alignment to enhance supply chain resilience and innovation through commitments to take complementary actions to address non-market policies of third countries and to cooperate on investment security, export controls, and duty evasion.
- The Agreement on Reciprocal Trade builds on the longstanding economic relationship between the countries, including the U.S.-Jordan Free Trade Agreement, which entered into force on Dec. 17, 2001.
To read the related tariff schedule for this agreement, click here.