Jordanian garment, textiles exports to enter US at zero customs duties
Minister of Industry, Trade and Supply, Ya'rub Qudah, announced the complete exemption of Jordanian exports of garment and textiles of all kinds to the United States from customs duties.
In a statement, he noted this exemption comes within the framework of the Reciprocal Trade Agreement signed in Washington last Tuesday.
Accordingly, apparel and textile products of all kinds will will enter the United States at zero customs duties, reflecting the agreement's provisions, which grant the clothing and textile sector 'more preferential access' to the US market.
The United States will, in turn, commit to cutting reciprocal tariffs imposed on other Jordanian goods to 10%.
On its impact, this step will definitely contribute to increasing Jordanian exports to the United States, particularly garment and textiles of all types, which top the list of Jordanian exports to the US that reached over JD431 million during the first third of this year.
As for its goals, Jordan and the United States signed a Reciprocal Trade Agreement last Tuesday to strengthen economic ties, granting both countries 'greater market access' to each other's exports and facilitating mutual trade flow.
The agreement, which has been discussed for nearly a year, aims to build upon the established economic relations between Jordan and the United States, including the Free Trade Agreement that entered into force on December 17, 2001.
Minister of Industry, Trade and Supply, Ya'rub Qudah, announced the complete exemption of Jordanian exports of garment and textiles of all kinds to the United States from customs duties.
In a statement, he noted this exemption comes within the framework of the Reciprocal Trade Agreement signed in Washington last Tuesday.
Accordingly, apparel and textile products of all kinds will will enter the United States at zero customs duties, reflecting the agreement's provisions, which grant the clothing and textile sector 'more preferential access' to the US market.
The United States will, in turn, commit to cutting reciprocal tariffs imposed on other Jordanian goods to 10%.
On its impact, this step will definitely contribute to increasing Jordanian exports to the United States, particularly garment and textiles of all types, which top the list of Jordanian exports to the US that reached over JD431 million during the first third of this year.
As for its goals, Jordan and the United States signed a Reciprocal Trade Agreement last Tuesday to strengthen economic ties, granting both countries 'greater market access' to each other's exports and facilitating mutual trade flow.
The agreement, which has been discussed for nearly a year, aims to build upon the established economic relations between Jordan and the United States, including the Free Trade Agreement that entered into force on December 17, 2001.
Minister of Industry, Trade and Supply, Ya'rub Qudah, announced the complete exemption of Jordanian exports of garment and textiles of all kinds to the United States from customs duties.
In a statement, he noted this exemption comes within the framework of the Reciprocal Trade Agreement signed in Washington last Tuesday.
Accordingly, apparel and textile products of all kinds will will enter the United States at zero customs duties, reflecting the agreement's provisions, which grant the clothing and textile sector 'more preferential access' to the US market.
The United States will, in turn, commit to cutting reciprocal tariffs imposed on other Jordanian goods to 10%.
On its impact, this step will definitely contribute to increasing Jordanian exports to the United States, particularly garment and textiles of all types, which top the list of Jordanian exports to the US that reached over JD431 million during the first third of this year.
As for its goals, Jordan and the United States signed a Reciprocal Trade Agreement last Tuesday to strengthen economic ties, granting both countries 'greater market access' to each other's exports and facilitating mutual trade flow.
The agreement, which has been discussed for nearly a year, aims to build upon the established economic relations between Jordan and the United States, including the Free Trade Agreement that entered into force on December 17, 2001.
comments
Jordanian garment, textiles exports to enter US at zero customs duties
comments