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Trade liberalization figures prominently on the policy
reform agenda of the Government of Egypt. Tariffs and other barriers
to trade have been reduced significantly since the late 1980s. Egypt
has also participated in multilateral agreements to liberalize the trade
regime--e.g., through binding its tariffs in the GATT and agreeing to eliminate
quotas on textile imports. Most recently, agreement was reached in
the Arab League to establish a free trade agreement over a 10 year period
starting in 1998. Egypt is also far advanced in negotiations
with the European Union to establish a bilateral FTA, which will lead to
the elimination of import duties and other barriers to trade on goods of
EU origin over a twelve year period. Exploratory efforts are also
underway to create a Free Trade Agreement between Egypt and the United
States. This website provides links to ongoing
research and publications on Egyptian trade liberalization. |