The U.S.-Israel Free Trade Agreement is obsolete at present, as it only has detailed obligations for trade in goods, while recent free trade agreements contain detailed obligations on agriculture, services, investment, intellectual property protection, standards, transparency, and the rule of law. For fully multilateral agreements (not listed below), see the list of multilateral free trade agreements. An interactive list of bilateral and multilateral free trade instruments is available on trend analytics. [59] Afghanistan has bilateral agreements with the following countries and blocs:[1] All of the above agreements are in fact free trade agreements, but for various reasons members prefer to call them under a different name. In addition, Chile has opened up important government procurement contracts to U.S. bidders. The World Trade Organization designates unilateral preferential trade agreements and reciprocal trade agreements as regional trade agreements. Note: any customs union, common market, economic union, customs and monetary union, economic and monetary union is also a free trade area. The majority of mutual agreements covered by the instrument are free trade agreements. Free trade agreements (FTAs) remove barriers to trade between members and provide preferential market access on a mutual basis. In addition to trade in goods, free trade agreements generally cover trade in services and investment rules and remove tariff and non-tariff barriers.
They may also include a number of provisions relating to customs cooperation and trade facilitation, as well as harmonising standards and promoting regulatory cooperation in different areas. EFTA[17] has concluded bilateral agreements with the following countries – including dependent territories – and blocs: Turkey has bilateral and multilateral agreements: in principle, we can distinguish between unilateral trade agreements and systems (proposed from one side to the other) and reciprocal trade agreements and systems (negotiated and agreed by both parties). The People`s Republic of China has concluded bilateral trade agreements with the following blocs, countries and their two special administrative regions:[13] First, it is one of the names that are sometimes used for free trade agreements to emphasize their preferential nature, unlike trade liberalization under the WTO or unilateral reduction of tariffs. This is a list of free trade agreements between two parties where each party could be a country (or other customs territory), a trading bloc or an informal group of countries. . . .