To Implement the United States-Israel Agreement on Trade in Agricultural Products and for Other Purposes
1. Purpose
Proclamation 10999 serves to implement the United States-Israel Agreement on Trade in Agricultural Products, facilitating duty-free access for Israeli agricultural products into the U.S. market and outlining necessary modifications to related agreements.
2. Key Actions And Directives
- Implement Duty-Free Access for Israeli Products: Provide specified agricultural products from Israel duty-free access into the United States until December 31, 2026.
- Modify Existing Trade Agreements: Formalize the modifications to the 2004 Agreement concerning agricultural trade with Israel to ensure ongoing reciprocity.
- Proclaim Regulatory Adjustments: Incorporate relevant provisions into the Harmonized Tariff Schedule as authorized by the Trade Act of 1974.
3. Important Points
- Long-standing Trade Relations: The foundation of this proclamation is based on a historical agreement signed in 1985 establishing the US-Israel Free Trade Area.
- Annual Renewals of Trade Agreements: Since 2008, the U.S. and Israel have engaged in annual agreements to renew the agricultural trade arrangements established in 2004.
- Presidential Authority Under Trade Act: The authority for these proclamations stems from the Trade Act of 1974, which allows the President to modify trade duties for reciprocal concessions.
- Future Modifications Expected: The proclamation indicates ongoing cooperation and the need for future modifications to adapt to changing trade dynamics.
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