Link Directly to ContentTrade Area Agreement • August 28th, 2006
Contract Type FiledAugust 28th, 2006The United States-Israel Free Trade Area (FTA) agreement is a program which provides for the elimination of duties for merchandise from Israel entering the Un States. The purpose of this agreement is to stimulate trade between the two countries. The FTA program became effective September 1, 1985, and has no termination date. As of January 1, 1995, all eligible reduced rate importations fro Israel were accorded duty-free treatment. The FTA does allow the two countries protect sensitive agricultural subsectors with nontariff barriers including import ba quotas, and fees.