Historical Dictionary of Israel
FREE TRADE AREA
Free Trade Area: translation
TheUnited StatesCongress in October 1984 authorized the president to negotiate a free-trade-area agreement with Israel. The idea was broached during a meeting between President Ronald Reagan andPrime Minister Yitzhak Shamirin November 1983, and subsequently, the president sought the requisite congressional approval to negotiate such an agreement. Under the arrangement, Israel became the first country in the world to enjoy a bilateral free-trade arrangement with the United States. It allows Israel access to its largest single trading partner on substantially improved terms, thereby aiding its export capability. Israel eventually will gain virtually complete and permanent duty-free access to one of the world's largest markets.
See alsoEconomy; Foreign Policy; Foreign Trade.
- free trade area—free trade area translation free trade area UKu USu also freetrade area nounu [Cu] COMMERCEu a group of countries that have agreed to import and export each others good...Financial and business terms
- free trade area—Free Trade Area translationA group of countries that invoke little or no price control in the form of tariffs or quotas between each other. Free trade areas allow the agr...Investment dictionary
- free trade area—зона свободной беспошлинной торговли...Англо-русский деловой словарь
- free trade area—Зона свободной торговли...Англо-русский словарь по экономике
- free trade area—зона свободной торговли...Англо-русский словарь политической терминологии
- free trade area—зона свободной беспошлинной торговли...Англо-русский словарь финансовых терминов
- free trade area—сокр. FTA межд. эк.u зона свободной торговли группа стран устранивших тарифные и нетарифные торговые барьеры во взаимной торговле cтраныучастницы зоны свободной торговли ...Англо-русский экономический словарь
- free trade area—зона свободной торговли...Англо-русский юридический словарь
- free trade area—зона вльно торгвл...Англо-украинский юридический словарь
- free trade area—зона вльно торгвл...Англо-український юридичний словник