MERCOSUR-Israel Free Trade Agreement

Country / jurisdiction: Israel · Year: 2010 · Status: In force · Level: National · Type: Voluntary

The Free Trade Agreement between MERCOSUR and Israel entered into force in 2010, fully or partially eliminating import tariff for most energy products and technologies, including:

Agglomerated and reduced iron, alumina,

Scrap metal, crude steel, aluminum,

Solar wafers, polysilicon,

Battery packs, battery cells,

Anodes and cathodes,

Electrolyzers, and heat pumps.

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin valued above 50-60% of the transaction value of the good to benefit from the tariff treatment established by the Agreement.

Official source: https://sice.oas.org/Trade/MER_ISR/Core_Text_e.pdf