Israel The free trade agreement between the United States and Israel, our country`s first free trade agreement, came into force on September 1, 1985. Since the free trade agreement came into force, trade in two-lane goods with Israel has increased five-fold, from $4.7 billion in 1985 to more than $27 billion in 2016. USTR U.S.-Israel FTA Page”With which countries does the United States have a free trade agreement? The United States has 14 free trade agreements with 20 countries and is currently negotiating regional free trade agreements with several other countries. The United States has implemented 14 trade agreements with a total of 20 countries. Free trade agreements or free trade agreements have many advantages and can sometimes be complex to understand. Find out what a free trade agreement is. Which countries have agreements with which the United States has agreements? How can your business benefit? What is the impact of free trade agreements on my company`s imports and/or exports? The United States began negotiating bilateral and multilateral free trade agreements with the following countries and blocs: the negotiations between Colombia and the United States, concluded in February 2006, and the agreement was implemented on May 15, 2012. In 2016, the United States imported $10.4 billion worth of goods from Colombia and exported $9.7 billion to Colombia. USTR US-Colombia TPA Page” Morocco Since the implementation of the free trade agreement between the United States and Morocco in January 2006, the United States has maintained a trade surplus with Morocco. In 2016, U.S. exports to Morocco increased 269 percent to $1.2 billion, while U.S. imports from Morocco were $788 million.

USTR US-Morocco FTA Page” Here is a list of free trade agreements to which the United States belongs. In parentheses, the abbreviation, if any, membership, unless indicated in advance, and the date of entry into force. The United States is a party to 14 free trade agreements with 20 countries. Below is information on the various free trade agreements. South Korea The Free Trade Agreement (KORUS-FTA) came into force on 15 March 2012. Korea is the sixth largest trading partner of the United States with a value of approximately $84.3 billion in 2016. U.S. exports to Korea were estimated at $30.7 billion, while Korean imports totalled $53.5 billion this year. USTR South Korea FTA Page” Beginning with the Theodore Roosevelt government, the United States has become an important player in international trade, especially with its neighboring territories in the Caribbean and Latin America.

Today, the United States has become a leader in the free trade movement and supports groups such as the General Agreement on Tariffs and Trade (later the World Trade Organization). [Citation required] A free trade agreement is an agreement between two or more countries, in which countries agree on certain obligations that affect, among other things, trade in goods and services, as well as investor protection and intellectual property rights.