Updated Monday, June 29, 2009 10:57 am TWN, AP

Jordan, Canada sign free trade agreement

AMMAN, Jordan -- Canada has signed a free trade agreement with Jordan, its first with an Arab country.

The agreement, signed Sunday in Jordan's capital, Amman, will give the Mideast country preferential trade conditions, including full exemption from customs duties for Jordanian goods.

In return, Jordan will reduce customs duties on Canadian products over a transitional period of four years. Forestry, manufacturing, agriculture and agri-food are expected to benefit from immediate duty-free access.

The deal is expected to be ratified by both parliaments later this year.

Bilateral trade stood at about US$80 million in 2008, according to the Canadian Embassy in Amman, which announced the new agreement.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email



	Canadian Minister of International Trade Stockwell Day, left, and Jordanian Minister of Industry and Trade Amer Hadidi, right, shake hands after signing the Free Trade Agreement between Jordan and Canada in the presence of Jordanian Prime Minister, Nader al-Dahabi, center, in Amman, Jordan, yesterday. (AP) Enlarge Photo

Middle East Breaking News

Updated Thursday, November 5, 2009 11:05 am TWN
▪	British-Chinese consortium signs Iraq oil agreement
▪	Gulf single currency may face delay: Saudi bank
▪	Baghdad fair opens its doors to investors
▪	Kuwait to revive project to build 4th oil refinery
▪	Iraq investors should stick to banks and hotels, traders say

Most Read

▪	Premier Wu will quit if allegations proven
▪	U.S. army post shooting rampage leaves 13 dead
▪	TAIEX index up 45.59 points on Wall St. rally, looming ECFA
▪	U.S. jobless rate tops 10 percent
▪	IMF chief to travel to Singapore, China this month

Sponsors
▪	Get Car Hire Asia, Thailand, Middle East, Cyprus, Dubai, USA
▪	Business Directory
▪	Taiwan Classifieds - Teaching jobs, apartments, personals