9 Apr 2021
0 Comments

Get

If you want to talk to someone face to face, we have local trade offices all over Britain. In any office, you can speak to an international trade advisor. Find your local sales office. A free trade agreement between Israel and the countries of the European Union was signed in July 1975. As part of this agreement, Israel gradually reduced its import duties on industrial imports from the EU market until they were completely abolished in January 1989. Only products originating from European Union countries that are imported directly from European Union countries in Israel and are accompanied by a EUR1 certificate of origin or an exporter`s declaration certificate can benefit from tariff rebates on imports from the European Union to Israel. An agreement was signed in November 1995, which improved the basis of trade relations with the European Economic Community. Their impact on imports is mainly expressed by a reduction in increases for agricultural products originating in EU countries. The countries covered by the agreement are listed below: The pan-Euro-Mediterranean system of origin was created in 2005. It brings together the EU, Israel and other European and Mediterranean partners to support regional integration through the creation of a common system of rules of origin. Rules of origin are the technical criteria for determining whether a particular product is eligible for duty-free access or other preferential access under a specific trade agreement. Israel and the European Economic Community began diplomatic relations in 1959.

A first free trade agreement was signed in 1975. At the 1994 Essen Council, the EU expressed its desire to establish special relations with Israel. The accumulation of origin means that a product can be processed from a partner country or can be added to a product from another partner country, but can nevertheless be considered a “product of origin” of that second partner country for the purpose of a specific trade agreement. In 2013, the EU adopted a binding directive[46] which will require the Israeli government to declare, in future agreements with the EU, that settlements in the West Bank, including East Jerusalem, are located outside the State of Israel. The directive partly implements an earlier statement by EU foreign ministers [47] that “all agreements between the State of Israel and the EU must clearly and explicitly express their non-performance in the territories occupied by Israel in 1967.” [48] The guidelines prohibit the granting of EU grants, financing, prizes or scholarships to Israeli institutions, unless a transaction exclusion clause is included.


Comments are closed.