Ustr Gov Trade Agreements

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Non classé / 13 octobre 2021 / Posted by celine

Israel The Free Trade Agreement between the United States and Israel, our nation`s first free trade agreement, entered into force on September 1, 1985. Since the free trade agreement came into force, total bilateral trade with Israel has quintupled, from $4.7 billion in 1985 to more than $27 billion in 2016. USTR US-Israel FTA Page » The United States has implemented 14 trade agreements with a total of 20 countries. Bahrain Since its implementation in August 2006, the U.S.-Bahrain Free Trade Agreement has increased export opportunities for the U.S. economy. U.S. exports to Bahrain, which totaled $652.3 million in 2016, have been consistently higher since the free trade agreement came into force. Bilateral trade in goods reached 1.2 billion in 2016, up 61% since 2005. USTR Bahrain FTA Page » Jordan Since the implementation of the U.S.-Jordan Free Trade Agreement in December 2001, bilateral merchandise trade between the United States and Jordan has increased by more than 350 percent, from $568 million in 2001 to more than $2 billion in 2016. USTR US-Jordan FTA Page » USTR is primarily responsible for managing U.S. trade agreements. These include our trading partners` monitoring of the implementation of trade agreements with the United States, enforcing America`s rights under those agreements, and negotiating and signing trade agreements that advance the President`s trade policy. NAFTA entered into force on January 1, 1994.

NAFTA exports support more than three million U.S. jobs. In the first ten years of NAFTA, merchandise trade between the three countries more than doubled from about $293 billion in 1993 to nearly $627 billion in 2003. In 2016, trade in goods between the United States and NAFTA`s two trading partners amounted to nearly $800 billion. USTR NAFTA Page » Panama The U.S. S.-Panama Trade Promotion Agreement was signed in October 2011 and entered into force on 31 October 2012. The United States maintained a constant trade surplus with Panama under the agreement. In 2016, the United States exported $4.6 billion in goods to Panama, while it imported $3,056 million in Panamanian products. USTR US-Panama TPA Page » Contact the Import Specialist Team at your Center of Excellence of Expertise awarded to South Korea United States Free Trade Agreement (KORUS-FTA) went into effect on March 15, 2012. .