Israel-United_States_Free_Trade_Agreement
The United States–Israel States Free Trade Agreement (FTA) is a trade pact between the State of Israel and the United States of America established in 1985 to lower trade barriers in some goods. The agreement reduces rates of duty, and in some case eliminates all duties, on merchandise exported from Israel to the United States.[1] The agreement also covers merchandise exported from the Gaza Strip and the West Bank.[clarification needed]
The U.S.–Israel FTA was the first such free trade agreement entered into by the United States.[2] It is the only FTA the United States has signed that does not include a chapter on intellectual property rights, which have become a staple of all subsequent U.S. trade treaties.[3]