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{{legend|#008080ff|Custom union with the Palestinian Authority (Area A and B)}}]] {{legend|#008080ff|Custom union with the Palestinian Authority (Area A and B)}}]]


The '''free trade agreements of Israel''' represent Israel's cooperation in multinational ] and participation in the global economy. Israel's first free trade agreement was signed in 1985 with the ]. Since then, Israel has signed 14 free trade agreements (free trade agreements) with 46 countries and ] such as the ], the ] and ]. The '''free trade agreements of Israel''' represent Israel's cooperation in multinational ] and participation in the global economy. Israel's first free trade agreement was signed in 1985 with the ]. Since then, Israel has signed 16 free trade agreements (free trade agreements) with 48 countries and ] such as the ], the ] and ].


==Free trade agreements== ==Free trade agreements==

Revision as of 13:32, 19 February 2024

Free trade agreements of Israel   Israel   Agreement in force   Agreement signed but waiting for approval   Agreement in negotiations   Agreement in discussions or proposed   QIZ Agreement only   Agreement suspended   Custom union with the Palestinian Authority (Area A and B)

The free trade agreements of Israel represent Israel's cooperation in multinational trade pacts and participation in the global economy. Israel's first free trade agreement was signed in 1985 with the United States of America. Since then, Israel has signed 16 free trade agreements (free trade agreements) with 48 countries and economic blocks such as the European Union, the European Free Trade Association and Mercosur.

Free trade agreements

In force or provisionally in force

Current free trade agreements between Israel and other countries/trading blocs
Agreement name Countries/blocs involved Signed Entered into force
Israel–United States Free Trade Agreement  United States 22 April 1985 1 September 1985
EFTA –Israel Free Trade Agreement [REDACTED] European Free Trade Association (Efree trade agreement) 17 September 1992 1 January 1993
Israel–Jordan Free Trade Agreement  Jordan 26 October 1994 25 October 1995
Israel–Mexico Free Trade Agreement  Mexico 10 April 2000 1 July 2000
Canada–Israel Free Trade Agreement  Canada 28 May 2018 1 September 2019
EU–Israel Free Trade Agreement European UnionEuropean Union 20 November 1995 1 June 2000
Israel–Turkey Free Trade Agreement  Turkey 14 March 1996 1 May 1997
Israel–Mercosur Free Trade Agreement MercosurMercosur 18 December 2007 9 September 2011
Colombia–Israel Free Trade Agreement  Colombia 30 September 2013 11 August 2020
Israel–Panama Free Trade Agreement  Panama 8 May 2018 1 January 2020
Israel–Ukraine Free Trade Agreement  Ukraine 21 January 2019 1 January 2021
Israel–United Kingdom Free Trade Agreement  United Kingdom 18 February 2019 1 January 2021
Israel–South Korea Free Trade Agreement  South Korea 12 May 2021 1 January 2023
Israel-UAE Free Trade Agreement  United Arab Emirates 31 May 2022 1 April 2023

United States of America

See also: Israel–United States Free Trade Agreement and Israel–United States relations

Israel and the United States signed the Israel–United States Free Trade Agreement, which was the first United States free trade agreement with a country outside of North America. The free trade agreement came into force on 1 September 1985. To be party to the free trade agreement, goods must be a product of Israel or the United States or have had a significant portion produced in Israel or USA.

In 2004, the agreement was extended to agricultural products and telecommunication equipment. In 2017 it was further expanded to include rules of origin.

The United States and Israel are also party to the Qualified Industrial Zone agreement, which serves to promote co-production and economic cooperation between Israel and Egypt.

European Free Trade Association

See also: Israel–Switzerland relations, Iceland–Israel relations, and Israel–Norway relations

Israel and the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland and Liechtenstein, signed a free trade agreement in 1992 which came into force a year later. The free trade agreement originally included trade of goods, rules of origin, and intellectual property rights, and in 2018 was updated to extend to agricultural products.

Jordan

See also: Israel–Jordan relations and Israel–Jordan peace treaty

The free trade agreement between Israel and Jordan was signed in 1995, one year after the 1994 Israel–Jordan peace treaty in 1994. The agreement of 1995 includes rules of origin and goods that are 100%, 50% or 30% duty-free. The free trade agreement was updated. in 2004

European Union

See also: Israel–European Union relations

The free trade agreement between Israel and the EU was signed on 20 November 1995 and came into force on 1 June 2000. The original free trade agreement included clauses on rules of origin, duties, service and industrial trades and co-operations, tourism, and transport, and was updated in 2010 to include agriculture.

In 2013 Israel and the EU signed the Agreement on Conformity Assessment and Acceptance of Industrial, giving good manufacturing practice exemption to the Israeli medical industry and easing the export of medical goods from Israel to the European Union.

Turkey

See also: Israel–Turkey relations

Israel and Turkey signed a free trade agreement on 14 March 1996, which came into force on 1 May 1997.The free trade agreement covers topics including duties on agriculture, industry and services to right of origin. The free trade agreement was updated in 2006 and 2007.

Canada

See also: Canada–Israel Free Trade Agreement and Canada–Israel relations

Israel and Canada signed their first free trade agreement on 31 July 1996 which came into force on 1 January 1997, listing a number of goods without duties or with low fees of duty. Israel and Canada also signed an agreement on telecommunication equipment. The free trade agreement was updated in 2019, eliminating tariffs on goods from Israel and Canada.

Mexico

See also: Israel–Mexico relations

Israel and Mexico signed a free trade agreement on 10 April 2000, and updated the free trade agreement in 2008 on the matter of technology.

Mercosur

Israel and Mercosur signed a free trade agreement on 8 December 2007 and the free trade agreement came into force on 1 June 2010. Venezuela suspended their relationship with Israel in 2009, and was later suspended from Mercosur in 2016. Mercosur extended the free trade agreement with Israel in 2012.

Colombia

See also: Colombia–Israel relations

The free trade agreement between Israel and Colombia was signed in 2013 and came into force in 2020. The free trade agreement includes exemption or reduction of duties on different types of industrial goods, which enjoys 5% - 35% duties and other sectors such as agriculture.

Panama

See also: Israel–Panama relations

The free trade agreement between Israel and Panama was signed in 2018 and came into force in 2020.

Ukraine

See also: Israel–Ukraine relations

Israel and Ukraine signed a free trade agreement on 21 January 2019; it came into force on 1 January 2021. The agreement exempted from duties goods such as industrial products, agricultural products, raw materials and more.

United Kingdom

See also: Israel–United Kingdom relations

Due to Brexit, the United Kingdom withdrew from the free trade agreement between the EU and Israel. Israel and the United Kingdom signed their free trade agreement in 2019 before Brexit came into effect. The free trade agreement came into force on 1 January 2021 and replaced the Israel-EU free trade agreement.

South Korea

See also: Israel–South Korea relations

Israel and South Korea have signed a free trade agreement on 12 May 2021 to improve investments, removing barriers, and other topics. The FTA includes electronics, cosmetics, cars, and more. Date of entry is the 01.01.2023. The free trade agreement took effect at the end of 2022.

United Arab Emirates

See also: Israel–United Arab Emirates relations

Israel and the United Arab Emirates (UAE) signed a free trade agreement on 31 May 2022. Tariffs will be removed or reduced on 96% of goods traded between the nations. The UAE predicted the Comprehensive Economic Partnership Agreement would boost annual bilateral trade to more than $10 billion within five years.

Israel and the United Arab Emirates ratified their free trade agreement on 11 December 2022. The free trade agreement went into effect on 1 April 2023.

Signed free trade agreements

Israel currently is party to two free trade agreements that have been signed but not have entered into force.

Under negotiation

Israel is negotiating bilateral free trade agreements with the following countries and trade blocs:

Exploratory discussions

Israel is undertaking exploratory discussions of bilateral or multilateral FTAs with the following countries and trade blocs, although formal negotiations have not yet begun:

See also

Notes

  1. Argentina was the last Mercosur state where the agreement entered into force, on 09 September 2011

References

  1. Free Trade Agreement gov.il
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  3. "SICE: Trade Agreements: Mexico-Israel Free Trade Agreement". www.sice.oas.org. Retrieved 13 May 2022.
  4. "SICE: Trade Agreements: Canada - Israel Free Trade Agreement". www.sice.oas.org. Retrieved 13 May 2022.
  5. "SICE: Trade Agreements: MERCOSUR-Israel". www.sice.oas.org. Retrieved 13 May 2022.
  6. "SICE: Trade Policy Developments: Colombia-Israel". www.sice.oas.org. Retrieved 13 May 2022.
  7. "SICE: Trade Policy Developments: Panama-Israel". www.sice.oas.org. Retrieved 13 May 2022.
  8. "Israel-Panama free trade agreement enters into force". The Jerusalem Post | JPost.com. Retrieved 13 May 2022.
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  22. "Annex I Excluded Products" (PDF). Retrieved 30 August 2023.
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  29. "Euro FTA Agreement" (PDF). Retrieved 30 August 2023.
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  34. "Joined committee" (PDF). Retrieved 30 August 2023.
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  38. Sahar Hutz Agreements gov.il
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  45. Colombia industry benefits gov.il
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  47. Sahar Hutz Agreements Panama gov.il
  48. Israel Ukraine FTA gov.il
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  50. FTA Import concessions gov.il
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  52. "Israel-South Korea free trade deal to take effect Dec. 1". Reuters. 28 September 2022.
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  54. "i24NEWS". www.i24news.tv. 29 September 2022. Retrieved 23 March 2023.
  55. Haskel, Adam (29 September 2022). "Israel-South Korea free trade agreement passes final hurdle". JNS.org. Retrieved 23 March 2023.
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  72. "FTA can take India-Israel friendship to the next level | India News - Times of India". The Times of India.
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  77. "Georgia, Israel discuss further improving bilateral ties in various fields". www.aa.com.tr. Retrieved 15 September 2023.
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External links

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