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History of US - Jordan Trade Relations

 

 History of Agreements

Realizing the interdependence of the economies of the world, Jordan has taken the lead in a number of areas aimed at integrating its economy with the Middle East and the world. Focusing on trade relationships, Jordan is determined to further liberalize the trade regime in order to improve the efficiency of Jordanian firms and meet the challenges of increased international competition. Jordan has taken significant steps in achieving these goals by establishing agreements with other countries, regionally and internationally, and through the accession to the World Trade Organization in 2000.

The United States, understanding Jordan’s goals and achievements and expressing their desire to advance Jordan’s economic and trade initiatives, has entered into several commitments with Jordan:

1997: Bilateral Investment Treaty

1998: Qualified Industrial Zones 

1999: Trade and Investment Framework Agreement

2000: United States – Jordan Free Trade Agreement

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