Egypt gets support of major countries to subsidize exports

The Egyptian delegation to the WTO 4th meeting, now in session in Doha have managed to drum up major countries' support for its request to subsidize Egyptian exports.

Egypt is now out of the developing countries who are allowed to encourage exports after the annual per capita income in Egypt exceeded $ one thousand.

The Egyptian delegation, led by Egyptian Minister of Economy and Foreign Trade Youssef Boutros Ghali, held intensive talks with major countries chief delegates atop of whom comes US Trade Representative Robert Zoellick to settle the issue in bid to help Egypt stand international competition.

It is scheduled that the conference will wind up today according to its agenda but its sessions could be held for another day, said Qatari Minister of Finance and Economy.