Judges: US customs deal boosts Jordanian exports
The Minister of Industry, Trade, and Supply, Yarub Qudah, indicated that the new customs tariff agreement with the United States, signed after negotiations lasting more than a year, enhances the competitiveness of Jordanian products in the American market. The agreement, which is based on the free trade agreement signed in 2001, protects Jordanian products from additional tariffs of up to 10%, which is the lowest rate compared to most countries that have imposed higher tariffs. These preferential advantages contribute to increasing exports, especially from the clothing and textile sectors, as well as providing greater investment opportunities and improving the ability of products to compete, with the agreement expected to come into effect at the beginning of next month.
Notice: This Is an AI-Generated Summary
Comments (0)