Agreement for free trade between Egypt and Turkey

Alaa Khalil, head of the Egyptian commercial representation, said it is about to sign an agreement for free trade between Egypt and Turkey during the coming months and that this agreement will contribute to achieving a remarkable increase in the volume of commercial exchange between Egypt and Turkey, which reached nearly $850 million last year. He added that the agreement will include a gradual reduction of customs on the goods and materials for industry and agriculture and that the two side will convene a round of bilateral negotiations in September in Cairo.