Egypt holding communications to establish free trade zones
Egypt-Regional, Economics, 11/2/1998

Cairo is holding communications with European and Arab states, aimed at establishing a free trade zone to facilitate trade movement and encourage investment.

Economic sources told ArabicNews.com that trade delegations from Norway, Switzerland and Iceland will arrive in Cairo consecutively during the coming days.

Meanwhile, a delegation from the Egyptian Trade and Foreign Ministries headed to Geneva to participate in meetings that began today to agree on exchanged exemptions for a limited list of goods and on the participation of the European Union countries in upgrading Egyptian industry.

This move came recently, as Egyptian President Hosni Mubarak called for establishing free trade zones with countries all over the world, especially Arab states, within the desire of all participating sides to establish a joint market.

Egypt and Tunisia are expected to exchange trade delegations at the beginning of December, according to the outcome of the joint committee that met in Cairo during September under the chairmanship of Egyptian Foreign Minister Amr Moussaa and his Tunisian counterpart, Said Bin Mustafa.

Previous Stories:
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  Egypt - COMESA symposium calls for achieving economic integration among member states   (10/30/1998)
  Trade agreements between Egypt and South Africa to be signed today   (10/28/1998)

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