U.s.-Oman Free Trade Agreement

Under the U.S.-Oman Free Trade Agreement, the United States and Oman will mutually grant each other immediate duty-free access to tariff lines covering virtually all consumer goods and industry, with specific provisions for agriculture, textiles and clothing. For agricultural products, Oman will provide immediate duty-free access for current U.S. exports in 87% of agricultural duty lines; and the United States will provide immediate duty-free access to 100% of current agricultural exports to the United States through Oman. 11 Chapter 21 of the U.S.-Oman Free Trade Agreement provides several exceptions to the agreement. Article 21.2 addresses “essential security” and provides that supporters say that the U.S.-Oman free trade agreement will contribute to bilateral economic growth and bilateral trade, create export opportunities for U.S. businesses, farmers and farmers, and contribute to job creation in both countries. Critics argue that the protection of the labour of Omani workers is inadequate and that the free trade agreement will not help create competitive conditions for Omani and American workers. Critics also argue that a provision in Schedule II of the Free Trade Agreement could force the United States to open the land aspects of its port activities to the operation of businesses doing business in Oman, activities on which Congress expressed national security concerns during the dubai world port debate. After the President submitted the agreement and the terms of application to Congress, the relevant committees had 45 days to review it (or not to examine it) and each chamber still had 15 days to vote on the legislation upwards or at the grassroots level, without changing the agreement itself or the legislation. On June 29, 2006, the Senate passed an enforcement act (p. 3569); Parliament passed it (H.R.

5684) on 20 July; September 2006, it became p.L. 109-283. This report is updated when events warrant it. A fundamental obligation of free trade agreements such as the U.S.-Oman Free Trade Agreement is not to treat service providers and investors of other parties less favourably than the United States treats its own service providers and investors. This provision meets these requirements. Congress`s review of the U.S.-Oman free trade agreement is consistent with the trade act 2002 (P.L. 107-210). Under the law, which is set by the President`s Trade Promotion Authority (TPA), the president must give Congress a 90-day pre-notification of his intention to conclude the trade deal.3 Then the president must present to Congress – without any particular time constraints, but on a day when both houses of Congress meet – both the agreement itself and the laws of application. All committees of the House of Representatives or Senate to which the legislation is referred have 45 days to report (or not) the bill; and each house has 15 days after the invoice is declared (or expire 45 days) to review the legislation. If the House of Representatives delivers its bill to the Senate, the Senate will have an additional 15 days to review the legislation. The land debate in both assemblies is limited to 20 hours divided equally between supporters and opponents. For final adoption, both chambers must vote by a simple majority on the legislation and neither the implementing laws nor the agreement itself can be amended.4 The free trade agreement provides the United States with unrestricted mutual access to the market.

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