In addition to numerous agreements with the United States and members of the Arab League, Jordan has signed trade agreements with a number of other regional bodies and countries. In 2001, Jordan signed a free trade agreement with the European Free Trade Association – a group of Iceland, Liechtenstein, Norway and Switzerland – which led to full trade liberalization until 2014. In addition, the Kingdom signed an economic association agreement with the EU in 2002, which paved the way for more liberal capital movements between the region and the kingdom. The empirical effects of the U.S.-Jordan free trade agreement are not widely appreciated. Economic relations between Jordan and the United States have increased considerably since the agreement: bilateral trade has increased from $31 million in 1999 to $1.1 billion in 2011 and, in 2014, the total volume of goods traded between the two countries was $3.45 billion. The kingdom soon became a hub for apparel manufacturing, as American companies such as Walmart and Target established factories in the country. The agreement has stimulated the garment industry, which has become a leading export sector for the country; In 2014, $1.35 billion worth of clothing was exported from the kingdom, representing 15.2% of Jordan`s total exports. Turkey and Jordan have signed a framework agreement for a Joint Economic Committee (JOC) to promote bilateral trade, as announced by the Turkish Trade Minister on 1 October. The Kingdom of Jordan signed a major free trade agreement with the United States in 2000, a strategic agreement for the United States. However, one of the best documented effects of this agreement was the poor working conditions of migrant workers working in U.S. factories. This page lists the free trade agreements signed by Turkey.

[1] In 1995, Turkey signed a customs union with the European Union for products other than agricultural products and services. Since 2018, the EU has been Turkey`s main trading partner, with 50% of its exports and 36% of its imports. [2] In 2000, King Abdullah II ibn Al Hussein put in place a series of measures aimed at accelerating the economic reforms that supported the kingdom at the World Trade Organization. After accession, Jordan signed a free trade agreement with the United States, which was phased in over the next decade and became fully operational in 2010. The agreement was a key moment for both countries. For the United States, this was only the third free trade agreement signed by the country and the first such agreement with an Arab country. For Jordan, the free trade agreement confirmed its strategic relationship with the United States, while strongly boosting foreign direct investment in the United States and strengthening Jordanian exporters` access to the U.S. market. While Jordan`s trade relations with the United States are strong, the kingdom has been actively committed to further integration into the regional economy. GAFTA is part of efforts to strengthen economic cooperation between the 22 Arab League member states. The agreement entered into force in its entirety in 2005 and resulted in numerous exemptions from customs duties and taxes.

GAFTA significantly increased Jordan`s trade relations with neighbouring countries in 2014 and the volume of trade with GAFTA members amounted to JD 7.53 billion ($10.59 billion). Bilateral trade between the two countries amounted to nearly $960 million, with Turkish exports to Jordan amounting to $860.9 million in 2018. Jordan`s multiplicity of free trade agreements (FTAs) has created a vehicle for both national economic development and greater integration into the global economy.