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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Jordan Freezes Free Trade Agreement with Turkey

    Rocky
    Rocky
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    Jordan Freezes Free Trade Agreement with Turkey Empty Jordan Freezes Free Trade Agreement with Turkey

    Post by Rocky Wed Mar 14, 2018 4:42 am

    Jordan Freezes Free Trade Agreement with Turkey






    2018/03/14 9:56


    (Encyclopedia of this day , news | News Iraq ) -
    Economy News _ Baghdad


    The Jordanian Ministry of Industry and Trade Yinal Barmawi said Amman had decided to freeze a free trade agreement with Turkey, which came into force in 2011.

    According to Barmawi, the free market contributed to the increase in trade balance deficit in favor of the Turkish side.

    The decision coincides with a visit by UAE Foreign Minister Abdullah bin Zayed Al Nahyan to Jordan amid strained relations between Abu Dhabi and Ankara.

    Barmawi said in a statement to Reuters that Jordan will resume the import of Turkish goods imported customs duties with the entry into force of the decision to stop the free trade agreement between the two countries.

    With the entry into force of the Convention in 2011, Jordanian industrial goods have entered the Turkish market free of customs duties.

    On the other hand, Turkish goods imported into the Jordanian market were exempted from customs duties gradually and on an eight-year transitional period.

    On Monday, the Jordanian cabinet agreed to suspend the free trade agreement with Turkey without specifying the date to begin implementation of the resolution.









    Note: The content entitled "Jordan Freezes the Free Trade Agreement with Turkey" was published first on the website (Al-Iktissar News) and the encyclopedia of this news day is not guaranteed in any way. 
    You can see the details of this address (Jordan freezes the free trade agreement with Turkey) through its original source (Economy News).





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