Lifecycle
- Effective
- Last change
Country / jurisdiction: Israel · Year: 1985 · Status: In force · Level: International · Type: Voluntary
The United States-Israel Free Trade Agreement provides for the elimination of import tariffs for the following goods, among others :
Electric generation equipment
Mechanical equipment including pumps, appliances, and other advanced machinery
Electric motors, transformers, batteries, and capacitors
Motor vehicles
Mineral ore and processed products including manganese, copper, aluminium, and nickel
Various products manufactured using above minerals and metals such as sheets, powders, bars, and plates
The rules of origin determining whether goods may benefit from preferential tariff treatment require goods to be wholly produced/manufactured in each country, and imported directly from one into the other. Additionally, production/processing costs need to represent the equivalent of at least 35% of the value of the good.
Official source: https://ustr.gov/trade-agreements/free-trade-agreements/israel-fta/final-text
Source
https://www.iea.org/policies/18510Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.