Rules And Agreements

Trade agreements are intended to reduce the barriers to trade between countries, to make it easier to do business internationally and to provide frameworks for the rules that govern global trade. Some agreements, such as those negotiated under the umbrella of the World Trade Organization (WTO), have a global reach. Others are regional.

Trade rules, as distinct from agreements, have a narrower scope and, for the most part, affect importers and exporters at the regulatory level. Some of these rules apply solely to a country’s domestic market and the goods sold within it (such as technical standards for products), while others apply to companies trading between two or more countries (such as the rules that implement free trade agreements).

Preferential access to the EU 28 countries, provided by EU-Egypt Association Agreement.

– 741 million consumers market

– 10 % of world Population

– 25 % of world GDP

Customs duties on almost all industrial products will be eliminated with EFTA Free Trade Agreement that links between Egypt and Iceland, Liechtenstein, Norway and Switzerland.

– 13.2 MLN consumers market

– 2 % of world Population

– 2 % of world GDP

A duty-free access to the US market is a result from the Qualifying Industrial Zones (QIZ) protocol between Egypt, Israel and US.

– 300 MLN consumers market

– 4 % of world Population

– 23 % of world GDP

Rules-of-origin advantages, Tariff- and quota-free access applies by Agadir Declaration between Egypt, Jordan, Tunisia and Morocco.

– 50 MLN consumers market

– 1 % of world Population

Greater Arab Free Trade Agreemnt- GAFTA ratified by 22 Arab nations provides the phasing out of customs, fees and duties and the elimination of all non-tariff barriers (Jordan, Djibouti, Somalia, Mauritania, Algeria, Bahrain, Egypt, Iraq, Kuwait, Lebanon, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, United Arab Emirates and Yemen)

– 258 MLN consumers market

– 4 % of world Population

The Common Market for Eastern and Southern Africa (COMESA) creates a full free-trade area among its 18 member states providing Egypt with duty-free access to

(Burundi, Comoros, D.R. Congo, DjiboutiEritrea, Ethiopia, Kenya, Libya, Seychelles, Madagascar, Malawi, Mauritius, Rwanda, Sudan, Swaziland, Uganda, Zambia, Zimbabwe)

– 450 MLN consumers market

– 6 % of world Population

Egypt Turkey Free Trade Agreement; provides immediate access to the large Turkish market

– 75 MLN consumers market

– 1 % of world Population

Aiming to establish clear, predictable and lasting rules to promote the development of reciprocal trade and investments Egypt participated the MERCOSUR Agreement with Argentina, Brazil , Paraguay, Uruguay & Venezuela

–  254 MLN consumers market

–  3 % of world Population

–  4 % of world GDP