Why would you take care of it? The United States has negotiated trade agreements with 20 countries to facilitate the flow of goods across the border where your customer is located. Access to the benefits of a free trade agreement means giving yourself a competitive advantage. All trade statistics come from foreign trade – U.S. Census Bureau.” Detailed descriptions and texts of many U.S. trade agreements can be found via the resource center on the left. See expert responses to frequently asked questions from U.S. exporters about the benefits of free trade agreements. Peru The Trade Promotion Agreement between the United States and Peru was signed in December 2007. Since then, the United States has maintained a large trade surplus with Peru. U.S.
exports to Peru increased 43 percent in 2016 to $US 5.9 billion, while Peruvian imports total $US 4.3 billion. USTR Peru FTA Page » Does your company face a trade barrier? Encounter technical barriers to trade such as unfair testing, labelling or certification requirements, complex customs procedures or discriminatory investment rules by working with us. The United States has implemented 14 trade agreements with a total of 20 countries. On November 18, 2003, the USTR informed the U.S. Congress of its intention to enter into free trade negotiations with Bolivia, Colombia, Ecuador and Peru, all beneficiaries of the Andean Anti-Trade Act (ATPA). Negotiations are expected to begin in the second quarter of 2004 in order to start with Colombia and Peru. Jordan Since the implementation of the U.S.-Jordan Free Trade Agreement in December 2001, bilateral merchandise trade between the United States and Jordan has increased by more than 350 percent, from $568 million in 2001 to more than $2 billion in 2016. USTR US-Jordan FTA Page » Bahrain Since its implementation in August 2006, the U.S.-Bahrain Free Trade Agreement has increased export opportunities for U.S. companies.
U.S. exports to Bahrain, which totaled $652.3 million in 2016, have been consistently higher since the free trade agreement came into force. Bilateral merchandise trade reached $1.2 billion in 2016, an increase of 61 percent since 2005. USTR Bahrain FTA Page » USTR is primarily responsible for managing U.S. trade agreements. These include our trading partners` monitoring of the implementation of trade agreements with the United States, enforcing America`s rights under those agreements, and negotiating and signing trade agreements that advance the President`s trade policy. Colombia, later with Peru and Ecuador, in which Bolivia participated as an observer, participated on 18 May 2004 in free trade negotiations with the United States. After thirteen rounds of negotiations, Colombia and the United States concluded their free trade agreements on 27 February 2006. A Memorandum of Understanding on the conclusion of a free trade agreement was transmitted to Congress on 24 August 2006. The Agreement between Colombia and the United States on Trade Promotion was signed on 22 November 2006.
In Colombia, the agreement was approved by Congress on 14 June 2007. Here is a list of free trade agreements involving the United States. In parentheses, the abbreviation, if any, accession, unless otherwise specified in advance, and the date of entry into force. The United States is a party to many free trade agreements (SAAs) around the world. Australia The Free Trade Agreement between the United States and Australia entered into force on 1 January 2005. Since then, the United States has maintained a trade surplus of $US 9.3 billion in 2016. In the same year, the United States exported $16.6 billion in goods and imported $7.3 billion in Australian products. USTR Australia FTA Page » An FTA is an agreement between two or more countries, in which countries agree, among other things, on certain obligations that affect trade in goods and services as well as investor protection and intellectual property rights. . .