US hesitation in trade talks with Egypt, approves Oman
Egypt-USA, Economics, 1/20/2006
The USA has signed a free trade agreement with Oman on Thursday while it kept talks with Egypt suspended amid fears pertinent to its democratic obligations.
The American trade representative Rob Portman said in the signing ceremony that the "agreement we sign today ( yesterday) as well as agreements with Jordan, Israel, Bahrain and Morocco are an important step, on the road of establishing a free Middle East trade area by the fall of 2013."
Portman urged the US congress to ratify the agreement with Oman in the coming months, hoping to get the support of the Democrats who have fears over the labor laws in the Sultanate.
On the other hand, Portman disclosed that Washington is not ready to start a free trade talks with Egypt, noting that "certain fears were raised at the political level," besides certain economic issues are needed to be settled.
While Egypt has been seeking since years to finalize the free trade agreement with the USA, it seemed by the end of 2005 it has lastly reached the beginning of the talks. American officials said that the US State Department prevented this after a decision was issued in December 2005 for imprisonment the chairman of al-Ghad opposition political party Ayman Nour for five years.
Mubarak, Cheney stress Damascus abidance to international resolution
Cheney in Egypt to discuss regional issues
'Seeking Eternity' gallery still touring America
200,000 Americans visit Tut exhibition
Cheney cuts Middle East tour, back home
$1 billion in Egyptian textile exports to US
Bush to sign US-Oman free trade agreement
Oman concludes free trade agreement with USA
American-Omani free trade agreement negotiations starts Saturday
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info