Free Trade Agreement Jordan Us

Unlike many trade agreements, the U.S.-Jordan Free Trade Agreement has enjoyed broad, bipartisan, multi-sectoral support. Supporters have pointed to the reduction of tariffs and other trade barriers as a blessing for exports. [3] The agreement also contains trade-related environmental and labour provisions. These provisions do not oblige either country to adopt new labour or environmental laws and each country reserves the right to set its own labour and environmental standards and to amend these standards. Under the agreement, the two countries reaffirm the importance of not abandoning or deviating from their labour or environmental laws to promote trade and commit to effectively enforce their national labour and environmental laws. [8] Many members of Congress expressed concern, not least because the Jordanian Free Trade Agreement was hailed as «historic and progressive,» because it «incorporated labour and environmental provisions directly into the agreement instead of being in an ancillary agreement.» [1] The Jordanian Free Trade Agreement (JOFTA) entered into force on 17 December 2001. Under the agreement, virtually all Jordanian products arrive duty-free in the United States. The Jordanian Free Trade Agreement does NOT provide for exemption from the Goods Processing Tax (MPF). Jordan became a «magnet for garment manufacturing» when U.S.

companies like Wal-Mart, Target and Hanes set up factories to cut costs by removing tariffs. In the first year, Jordan increased its exports by 213% and created 30,000 jobs. The ongoing commitment focuses on integrating Better Work`s knowledge of capacity building for labour inspectors, conducting inspections that include dormitories in QIZs, and continuing public relations to ensure that stakeholders understand their legal rights to participate in trade unions and benefit from jobs without discrimination or harassment. . . .

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