For Immediate Release
Office of the Press Secretary
September 28, 2001
President Signs U.S. - Jordan Free Trade Agreement
Statement by the Press Secretary on Free Trade Agreement between the
United States and Jordan
President Bush Signs Implementing Legislation for Free Trade Agreement
Between the United States and Jordan
Today President Bush signed legislation needed to implement the United
States-Jordan Free Trade Agreement (FTA). This agreement is a strong and
tangible symbol of our support for Jordan, for its economic reforms, and
for the King's leadership. It is the capstone of our expanding economic
partnership. This is the first Free Trade Agreement between the United
States and an Arab country.
The U.S.-Jordan FTA will create jobs and
new investment in both countries. The agreement achieves
significant liberalization across trade areas including electronic
commerce, services, and intellectual property rights. It
will eliminate tariffs between the United States and Jordan on
virtually all industrial goods and agricultural products within ten
years.
The United States and Jordan are committed
to implementing the Agreement as quickly as possible.
# # #
|