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Israel, Jordan upgraded QIZ trade pact
Israel, Jordan upgraded QIZ trade pact
Jan 1, 2007
Under the new upgraded agreement, the parties will switch to a quarterly review, replacing the current method of supervising the Israeli inputs in good assembled in Jordan
Gavriel Maimon, director-general of the Ministry of Industry, Trade and Labor, signed last week in Jerusalem an upgraded trade agreement with his counterpart at the Jordanian Ministry of Industry and Trade, Dr. Muntasar Uqla.
The newly signed agreement intends to improve supervision on compliance with rules of origin under the qualified industrial zones (QIZ) treaty. Under the new upgraded agreement, the parties will switch to a quarterly review, replacing the current method of supervising the Israeli inputs in good assembled in Jordan and exported duty-free to the US under the original 1997 QIZ treaty.
Under the QIZ agreement, Jordanian companies can export to the US duty-free, provided that 35% of the product shipped to the USA is jointly Jordanian and Israeli, and that the Israeli component constitutes at least 8% of the exported value.
The 1997 treaty has proven its worth to both Israel and Jordan, boosting Israeli exports to Jordan as well as Jordanian exports to the US. During the period January - November 2006 Israeli export to Jordan was up 10% compared to the same period last year. Total value of goods exported was US$110 million. Most of the export are raw materials shipped to the QIZ production facilities in Jordan.
News from the movements
25-Aug-2016 RTSome 2,000 members of the American Postal Workers Union have gathered in Miami where they are officially opposing the Trans-Pacific Partnership.
24-Aug-2016 Deutsche WelleHundreds of thousands of protesters are expected to take to the streets in several German cities to rally against plans to move forward with two key international trade agreements - one year after a similar protest managed to attract similar numbers.
23-Aug-2016 APRNNeither the TPP nor the RCEP, neither the US nor China and their corporations will ever address the long-standing people’s aspiration for an international trading system that responds to their needs.
23-Aug-2016 ScoopCivil society groups, trade unions, church groups, environmentalists, gender activists and many more are calling for Ministers to make no decision on PACER-Plus — a free trade agreement between Australia, New Zealand and the Pacific Islands — until there has been a proper social impact assessment and mandate from the Pacific people who are most likely to be affected.
22-Aug-2016 Radio New ZealandA meeting on Pacific labour mobility under the PACER Plus trade deal has a glaring omission – the voices of organised labour.
Avec de nouveaux accords commerciaux, le vol organisé par les multinationales est légalisé et les semences paysannes deviennent illégalesDe nouveaux accords de libre-échange légalisent le vol organisé par les grandes entreprises et mettent en péril la possibilité pour les agriculteurs de conserver, produire et échanger des semences.
22-Aug-2016 El PaísEl secretario de Relaciones Internacionales del Pit-Cnt, Fernando Gambera, afirmó tras participar del XVI Foro Social Mundial realizado en Montreal (Canadá) que los Tratado de Libre Comercio (TLC) son una preocupación para todas las centrales sindicales porque "apuntan a degradar las conquistas de los trabajadores".
22-Aug-2016 Premium TimesSocial Action has asked the federal government to not to sign the Economic Partnership Agreement with the European Union. Ghana and Ivory Coast have also resisted the EPA
bilaterals.org is a collaborative space to share information and support movements struggling against bilateral trade and investment deals which serve corporations, not people. Multilingual. Global. No one owns it. Open publishing. Get involved.