Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.
In October 1996, President Clinton signed a proclamation granting duty-free import status to items produced in or imported from the West Bank and Gaza. The EU has a preferential trade agreement with the West Bank and Gaza similar to that of the U.S. Generalized System of Preferences program. The Palestinian Authority (PA) has more restrictive trade agreements with Jordan and Egypt. Under the terms of the Paris Protocol, there are no tariffs on trade between the West Bank and Gaza and Israel (the trade regime with Israel is a “defacto customs union” administered by Israel). However, West Bank and Gaza exports entering Israel are subject to inspections, principally to conform with Israeli market access measures.