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Jordan and Israel sign amendment to their trade agreement
Published in Saudi Press Agency on 22 - 12 - 2004


Jordan may soon be able to export
goods produced in joint ventures with Israel duty free to
Europe thanks to a customs-slashing agreement with Israel
signed Thursday.
"The customs on the trade from Israel to Jordan will be
reduced by one-third and the customs on the Jordanian
exports to Israel will be reduced by one half," Israeli
Deputy Prime Minister Ehud Olmert told reporters after he
and Jordanian Minister of Trade Industry Ahmad Thoqan
al-Hendawi signed the amendment to the neighbors' trade
agreement.
Olmert said that both sides will continue to reduce their
customs gradually until they are brought to zero by 2010.


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