How Do You Comply With U.S.-Middle Eastern Trade Agreements?
The United States began the process of establishing free trade with friendly Middle Eastern nations in 2003. This process is still ongoing, with new trade agreements being developed between the United States and participating Middle Eastern nations all the time. Once all of the agreements are in place, the law overseeing them all will be called the Middle Eastern Free Trade Agreement (MEFTA). The Middle Eastern Free Trade Agreement is planned to be similar to the highly successful North American Free Trade Agreement (NAFTA). For businesses that conduct foreign trade, it will be beneficial to know how to comply with US-Middle Eastern trade agreements. Trade only with approved countries. Middle Eastern nations need to become members of the World Trade Organization in order to participate with the United States in the Middle Eastern Free Trade Agreement. Be aware of requirements for a Middle Eastern nation to join the World Trade Organization. Prospective member nations must conform to in