Israel - Jordan In Trade Agreement.

Israel and Jordan have reached agreement on a number of issues that will increase bilateral trade and help Jordanian exports. In the industrial zones (on the borders between Israel and Jordan) that produce joint products which qualify for duty free entry into US markets, Israel has agreed to reduce Israeli inputs from 11.7 percent to 7 percent for high tech products and 8 percent for other products. The agreement will be in effect for one year and is renewable. Both countries will ask the United States to recognize more zones, which will be opened as duty free