Israel-MERCOSUR Free Trade Agreement

The Subject “Israel-MERCOSUR Agreement (FTA)” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: American Business, World Trade.

Masters: International Business, Foreign Trade.

Languages: MERCOSUR Israel MERCOSUL Israel MERCOSUR.

The MERCOSUR (Argentina, Brazil, Paraguay, Uruguay) signed on 2008 a Framework Agreement on trade with Israel whose objective is to provide conditions and mechanisms to create a Free Trade Agreement (FTA).

MERCOSUR-Israel Free Trade Agreement (FTA)

The objectives of the Israel-MERCOSUR Free Trade Agreement, are:

1. To eliminate the foreign trade barriers, and facilitate the movement of export products between the MERCOSUR and Israel
2. To Promote a fair competition conditions in the free-trade area
3. To increase substantially foreign direct investment (FDI) opportunities
4. To create an efficient procedures for the implementation, application, and accordance with this free trade agreement MERCOSUR-Israel, and its joint administration; and
5. To set up a framework for the further bilateral and multilateral cooperation to expand and improve the benefits of the Free Trade Agreement MERCOSUR-Israel

The MERCOSUR Israel Free Trade Agreement (FTA) entered into force for:

1. Uruguay and Israel in 2009
2. Brazil and Paraguay in 2010

Chapters of the Israel-MERCOSUR Free Trade Agreement.

1. INITIAL DISPOSITIONS
2. GENERAL DISPOSITIONS
3. Trade in products
4. RULES OF ORIGIN. ANNEX II SPECIMEN OF CERTIFICATE OF ORIGIN
5. Safeguards
6. TECHNICAL REGULATIONS, STANDARDS, AND CONFORMITY ASSESSMENT PROCEDURES
7. SANITARY AND PHYTOSANITARY MEASURE
8. TECHNICAL AND TECHNOLOGICAL COOPERATION
9. INSTITUTIONAL DISPOSITIONS
10. PUBLICATIONS AND NOTIFICATIONS
11. DISPUTE SETTLEMENT
12. ANNEX I CODE OF CONDUCT FOR ARBITRATORS OF ARBITRATION TRIBUNAL

The MERCOSUR belongs to the Latin American Economic Area.

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