Eu Jordan Agreement

December 8, 2020 admin

The EU and Jordan have developed their free trade agreement through additional agreements on agricultural, agri-food and fisheries products, as well as through a bilateral dispute settlement mechanism that came into force in 2007 and 2011 respectively. They provide for significant concessions on both sides, taking into account the respective sensitivities. Each agreement contains specific rules of origin, usually based on “fully preserved” criteria. The pan-Euro-Mediterranean cumulative system was introduced in 2005. It brings together the EU, Jordan and other European and Mediterranean partners to support regional integration through the creation of a common system of rules of origin. Rules of origin are the technical criteria for determining whether a particular product is eligible for duty-free access or other preferential access under a specific trade agreement. IIA Navigator This IIAs database – the IIA Navigator – is managed by the IIA section of UNCTAD. You can browse THE IIAs that are completed by a given country or group of countries, view the recently concluded IIAs, or use advanced research for sophisticated research tailored to your needs. Please note: UNCTAD, International Investment Agreements Navigator, available from investmentpolicy.unctad.org/international-investment-agreements/ The Free Trade Agreement covers trade in industrial products, seafood and processed agricultural products.

In addition, bilateral agricultural agreements have been concluded between the various EFTA countries and Jordan, which are part of the free trade area`s creation instruments. One of the objectives of the agreement (Article 1) is to promote the harmonious development of economic relations between the parties through the extension of reciprocal trade. Until 2014, virtually all tariffs on trade in industrial products, fish and other seafood were abolished. The agreement contains provisions relating to the elimination of tariffs and other trade barriers, as well as other trade-related disciplines, such as competition rules, intellectual property protection, public procurement, state monopolies, state aid, payments and transfers. As part of the agreement, a joint committee is set up to oversee the implementation of the agreement. Trade in agricultural commodities is covered by three bilateral agricultural agreements negotiated between the EFTA state (Iceland, Norway and Switzerland/Liechtenstein) and Jordan.

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