Us Trade Agreements

Morocco Since the implementation of the free trade agreement between the United States and Morocco in January 2006, the United States has maintained a trade surplus with Morocco. In 2016, U.S. exports to Morocco increased 269 percent to $1.2 billion, while U.S. imports from Morocco totaled $US 788 million. USTR US-Morocco FTA Page » Bahrain Since its implementation in August 2006, the U.S.-Bahrain Free Trade Agreement has increased export opportunities for U.S. companies. U.S. exports to Bahrain, which totaled $652.3 million in 2016, have been consistently higher since the free trade agreement came into force. Bilateral trade in goods reached 1.2 billion in 2016, up 61% since 2005. USTR Bahrain FTA Page » Does your company face a trade barrier? Encounter technical barriers to trade such as unfair testing, labelling or certification requirements, complex customs procedures or discriminatory investment rules by working with us.

South Korea The Free Trade Agreement (KORUS-FTA) entered into force on 15 March 2012. Korea is the U.S. sixth-largest trading partner with two-lane merchandise trade worth about $84.3 billion in 2016. U.S. exports to Korea were estimated at $30.7 billion, while imports from Korea amounted to $53.5 billion this year. USTR South Korea FTA Page » Check out experts` answers to frequently asked questions from U.S. exporters about the benefits of free trade agreements. The United States is a party to many free trade agreements (SAAs) around the world.

Jordan Since the implementation of the U.S.-Jordan Free Trade Agreement in December 2001, bilateral merchandise trade between the United States and Jordan has increased by more than 350 percent, from $568 million in 2001 to more than $2 billion in 2016. USTR US-Jordan FTA Page » Detailed descriptions and texts of many U.S. trade agreements can be viewed through the resource center on the left. Another important type of trade agreement is the Trade and Investment Framework Agreement. TTIFA provides a framework for governments to discuss and resolve trade and investment issues at an early stage. These agreements are also a way to identify capabilities and work on them, where appropriate. The United States has begun negotiating bilateral and multilateral free trade agreements with the following countries and blocs: the United States has implemented 14 trade agreements with a total of 20 countries. Why would you take care of it? The United States has negotiated trade agreements with 20 countries to facilitate the flow of goods across the border where your customer is located. Access to the benefits of a free trade agreement means giving yourself a competitive advantage. Panama The Trade Promotion Agreement between the United States and Panama was signed in October 2011 and entered into force on October 31, 2012.

The United States maintained a constant trade surplus with Panama under the agreement. In 2016, the United States exported $4.6 billion in goods to Panama, while it imported $3,056 million in Panamanian products. USTR US-Panama TPA Page » USTR is primarily responsible for managing U.S. trade agreements. .