| Jordan’s Agreements with the United States
Qualified Industrial Zones (QIZs)
On
November 13, 1996, the U.S. President Clinton issued Presidential Proclamation
No. 6955 to provide duty free treatment to products of the West Bank, Gaza Strip
and the Qualified Industrial Zones.
The Qualified Industrial Zones are areas designated by the Jordanian and Israeli
authorities and approved by the U.S. government. Currently there are 13 QIZs in
Jordan hosting over 50 factories.
The QIZ represents an unprecedented opportunity to gain duty-free and quota free
access to the US Market, the world’s largest and most affluent consumer market
QIZ offers the following advantages:
-
Duty free and Quota free access to the US Market
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Total income and social services tax exemption
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Duty free entry of fixed assets and spare parts
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Skilled labor force at very competitive wages
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Full repatriation of capital, profits (free transfer of convertible
currency)
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Stable political environment
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Market oriented economy
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World-class buildings, infrastructure and communication
View the full text of the agreement
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