The House approved by a 422-0 vote today the bill establishing a Free Trade Area between Israel and the U.S. The bill, which would eliminate tariffs and other trade barriers in phases over a 10-year period, also approved unanimously today by the Senate Finance Committee. The agreement was signed in a ceremony April 22 by Israel Minister of Commerce and Industry Ariel Sharon and former U.S. Trade Representative William Brock. President Reagan submitted it immediately to Congress which has 60 days to approve it.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.