JUSFTAJordan-United States Free Trade Agreement
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The JUSFTA enhances the environment for business practices by ensuring the protection and enforcement of intellectual property rights and the application of trade-related environment and labor practices.
Though many companies are aware of the existence of export opportunities in general, a significant number of Jordanian ICT companies may not be fully aware of export sales prospects available in key markets under Jordan's international trade agreements.To assist ICT-related companies identify and pursue export opportunities under Jordanian trade agreements, including the Jordan-US Free Trade Agreement (JUSFTA), EU Association Agreement, the Greater Arab Free Trade Agreement (GAFTA) and bilateral FTAs, as well as to identify key trade-related policy advocacy issues, int@j and the USAID-funded SABEQ Program are collaborating on several fronts.
Increased trade between the two nations reflects a trend that began in 1997 with the creation of the Qualified Industrial Zones (QIZ) and was significantly strengthened in 2001 with the signing of the comprehensive JUSFTA. Under JUSFTA, trade liberalization occurs across nearly all sectors resulting in the elimination or drastic reduction of tariffs on the majority of goods between the two countries.