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Free Trade Agreements
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In July 1975, a Free Trade Agreement was signed
between Israel and the countries of the European Union. Under this agreement, Israel gradually reduced its import duties on
industrial imports from the EU market until they were completely lifted in January 1989. Only products originating in EU countries, directly imported from EU countries
to Israel and accompanied by an EUR1 certificate of origin or a certificate of declaration of the exporter, are eligible for
customs discounts on imports from the EU to Israel. In November 1995, an agreement was signed which improved the basis of trade relations
with the European Economic Community. Its implications on imports are primarily expressed in a reduction of the surcharges
levied on agricultural goods originating in EU countries. The
countries included in the agreement are listed below:
Austria Belgium Greece Finland Italy Germany Luxembourg France Ireland Denmark Spain Sweden UK Holland Portugal Continue reading here
Poland On January 1, 1998 the third agreement was signed with Poland. Under the agreement, an exemption was granted on industrial imports classified in Chapters 25 to
97 of the Customs Tariff, with the exception of several products mentioned in Appendix 1 of the agreement. Discounts were
granted on these sensitive products according to a reductions table which became fully exempt in 2002. The
regulations of origin set forth in the agreement are identical to the regulations of origin provided in the agreement between
Israel and EU countries. To be eligible for the benefits set forth in the agreement, the consignment must be
shipped with an EUR-1 certificate of origin or a declaration given by the exporter. Hungary On January 2, 1998 the trade agreement between Israel and Hungary went into effect, which gave
an immediate exemption on industrial imports conforming with the regulations of origin. Discounts were granted on sensitive
products according to a reductions table which became fully exempt in 2001. The
regulations of origin set forth in the agreement are identical to the regulations of origin provided in the agreement between
Israel and EU countries. To be
eligible for the benefits set forth in the agreement, the consignment must be shipped with an EUR-1 certificate of origin
or a declaration given by the exporter.
Czech Republic and Republic of Slovakia The trade agreement between Israel and the Czech Republic went into effect on January 1, 1997,
and a similar agreement was signed with the Republic of Slovakia. Under
the agreement, an immediate exemption was granted on industrial imports that conform with the regulations of origin. Discounts
were granted on sensitive products according to a reductions table which became fully exempt in 2002. The
regulations of origin set forth in the agreement are identical to the regulations of origin provided in the agreement between
Israel and EU countries. To be
eligible for the benefits set forth in the agreement, the consignment must be shipped with an EUR-1 certificate of origin
or a declaration given by the exporter. Mexico On July 1, 2000 the free trade zone agreement between Israel and Mexico went into effect. The object of the agreement was to ensure equal competitive conditions for Israeli
exports compared to suppliers from NAFTA countries. The
agreement provided for reduced customs on all industrial products as well as a list of food and agricultural products. The agreement contains a limited list of sensitive products in which the import duties
levied on them will be gradually reduced and eventually will become fully exempt by January 1, 2005. Import duties were gradually reduced on all other industrial products until they became fully exempt on
January 1, 2003. Rules
of Origin – The rules are specific for each product depending on its classification in the Customs Tariff. A product is considered “Original” according to its production processes. Other rules of origin criteria were determined in the textile fields. To be
eligible for the benefits set forth in the agreement, the consignment must be shipped with a certificate of origin that was
determined in the trade agreement between Israel and Mexico, and the consignment must be shipped directly from Israel to Mexico. Continue
reading here  Coming Soon ! Globes | 26 Feb 08 Israel in free-trade talks
with Japan Japanese officials have expressed interest
in Israel’s water and aerospace industries. Lilach Weissman,
Tokyo Prime Minister Ehud Olmert today met Japanese Minister of
Economy, Trade and Industry Akira Amari in an effort to reach a bilateral economic cooperation agreement that will include
a free-trade agreement. Japan has free-trade agreements with only a few countries, including Singapore and Mexico, and is
due to sign agreements with India and South Korea. If an agreement is signed, it will include a range of goods
involved in bilateral trade, and may enable less strict Japanese standards being applied to Israeli goods and also exempt
Israel from agricultural quotas. Negotiations between Israel and Japan have not yet reached fruition, and the subject may
arise in Olmert’s talks with Japan’s Minister for Foreign Affairs Masahiko Koumura tomorrow. Olmert has already reached a number of understandings with
Amari, including the establishment of a joint work group on R&D. Chief Scientist Dr. Eli Opper will go to Japan to promote
this subject. Olmert and Amari also reached an agreement to collaborate in aerospace. Amari said that an Israeli delegation
would be invited to participate in a conference on the subject scheduled for the end of the year. At a meeting with Manufacturers Association president Shraga
Brosh, Japan Business Federation Chairman Fujio Mitarai, and president of Canon, expressed great interest in Israel’s
high-tech industry and its auto industry, which numbers 150 companies. He was also interested in Israel’s water technologies. Brosh said, "Japan is currently Israel’s 14th largest
export partner, with $750 million in exports, and which has not grown in many years. The Manufacturers Association wants to
double this figure within 3-5 years." |
USA - Israel Free Trade Agreement
The United States-Israel Free Trade Area (FTA) agreement took effect September 1, 1985 and is designed to stimulate trade between the United States and Israel. The agreement, which has no expiration date, provides for the elimination of duties for merchandise from Israel entering the United States. As of January 1, 1995, all eligible reduced rate imports from Israel were accorded duty-free treatment. The FTA does allow the two countries to protect sensitive agricultural subsectors with nontariff barriers including import bans, quotas, and fees. Continue reading here
Israel-EFTA Free Trade Zone
Agreement
On January 1, 1993 a free trade zone agreement was signed between Israel and EFTA countries, as a result of which import duties on industrial products were immediately lifted. Only products
originating in EFTA countries, directly imported from EFTA countries to Israel and accompanied by an EUR1
certificate of origin or a certificate of declaration of the exporter, are eligible for customs discounts. The countries included in the agreement are: Israel -Canada Free Trade Zone Agreement
A free trade zone agreement was signed between Israel and Canada in September 1996, which went into effect on January 1, 1997. As a result, an immediate exemption was granted on industrial products in
Chapters 25 to 97 of the Customs Tariff, with the exception of a small list of products. To be eligible for the benefits
provided in the agreement, the consignment must be accompanied by a certificate of origin. Continue reading here Romania
On January 7, 2001 the trade agreement between Israel and Romania went into effect,
which gave an immediate exemption on industrial imports conforming with the regulations of origin. Discounts
were granted on sensitive products according to a reductions table which will become fully exempt in 2004. The
regulations of origin set forth in the agreement are identical to the regulations of origin provided in the agreement between
Israel and EU countries. To be
eligible for the benefits set forth in the agreement, the consignment must be shipped with an EUR-1 certificate of origin
or a declaration given by the exporter. Bulgaria The trade agreement between Israel and Bulgaria went into effect in 2001. The agreement is identical to
the trade agreement with Romania, so that under the agreement an immediate exemption was given on industrial
imports conforming with the regulations of origin. A gradual reductions table was determined for sensitive products. The
regulations of origin set forth in the agreement are identical to the regulations of origin provided in the agreement between
Israel and EU countries. To be
eligible for the benefits set forth in the agreement, the consignment must be shipped with an EUR-1 certificate of origin
or a declaration given by the exporter. Turkey The trade agreement between Israel and Turkey went into effect on May 1, 1997. Under the agreement, an immediate exemption was granted on industrial imports that conform
with the regulations of origin and are not mentioned in Appendices 1, 2 and 3 of the agreement. Discounts were granted on these sensitive products according to a reductions table
which became fully exempt in 2002. The regulations of origin set forth in the agreement are identical to the regulations
of origin provided in the agreement between Israel and EU countries. To be eligible for the benefits set forth in the agreement, the consignment must be shipped with an EUR-1 certificate
of origin or a declaration given by the exporter.
Jordan The trade agreement
between Israel and Jordan was signed in October 1995 for a three-year period, which is automatically renewed
if it has not been terminated by one of the parties. Within
the framework of the agreement, it was decided to lift all and any economic boycotts and to grant most favored nation (MFN)
status to each other. The regulations of origin determined that the main criterion for a material change in the product is if there is a value addition of 35% of the product value ex-factory, provided that the goods undergo a production process that is not minimal processing
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