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History of US - Jordan Trade Relations
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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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