Egypt trade policies. ). Minister of Investment and Foreign Trade, Hassan El-Khatib, stated that the ministry was preparing a new vision for investment and trade policies for the next decade. 6000 - c. In many sectors, there is no legal difference between foreign and domestic investors. This vision will include The upcoming policy framework, set to cover 2024-2030, will introduce a formal investment and trade document outlining the government’s priorities. To Apr 11, 2025 · CAIRO – Egypt is adopting trade reforms through clear policies aimed at enhancing the competitiveness of its foreign trade, streamlining border procedures, and reducing the time and cost of customs clearance, Minister of Investment and Foreign Trade Hassan El Khatib said. Exports Egypt was the United States' 43rd largest goods export market in 2013. Trade is essential for Egypt’s economic security. Goods exports totaled $5. The 40 recommendations aim to help Egypt improve its environmental performance, giving a special focus to building climate-smart, resilient and inclusive cities. Bahloul experience combines trade and agricultural development policies in Egypt, agro-food marketing research. Fascinating stories from the past you can trust, plus hit shows. A World Trade Organization report forecasts global trends, flows and routes in 2025. The minister concluded by emphasizing that these policies and reforms will position Egypt as a global trade player, increasing exports and enhancing local industries’ competitiveness. For Exports, FDI and GDP measures, a higher This is the first Green Growth Policy Review of Egypt. It is a member of the World Trade Organization (WTO), the African Continental Free Trade Agreement (AfCFTA), and the Greater Arab Free Trade Area (GAFTA). But as geopolitics and climate change disrupt trade flows and force companies to reconfigure supply chains, Egypt is adapting. INTERNATIONALLY RECOGNISED CORE LABOUR STANDARDS REPORT FOR THE WORLD TRADE ORGANIZATION (WTO) GENERAL COUNCIL REVIEW OF THE TRADE POLICIES OF EGYPT (Geneva, 20 and 22 February 2018) EXECUTIVE SUMMARY The Arab Republic of Egypt is a member of the International Labour Organization (ILO). Ancient Egypt was a country rich in many natural resources but still was not self-sufficient and so had to rely on trade for necessary goods and luxuries. Two recent expert reports supply evidence of Egypt’s unique potential to benefit from a more fully implemented African Continental Free Trade Area (AfCFTA) agreement. It will focus on distortions resulting from the trade policy adopted by Egypt during the eighties, starting in 1986. By January 2024, Egypt, Ethiopia, Iran, and the United Arab Emirates joined the bloc, making BRICS membership grow from five to nine countries, while Saudi Arabia delayed its membership. goods trade surplus with Egypt was $3. The Egyptian Customs Authority hopes this platform will bring the GoE in line with international standards of trade-related procedures and customs requirements for the clearance of goods. It joined in June 1936. PDF | Personal Profile Dr. 5 billion from Egyptians working abroad, ranking just behind China. How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. Trade policy in Egypt is not the only determinant of trade performance or of the pattern of resource allocation. Egypt's trade and investment relationship with the United States deepened over the last thirty years after Egypt signed a peace agreement with Israel. It shows how harnessing the African Continental Free Trade Area (AfCFTA) can support industrialisation in Egypt, and more widely in Africa, by tapping the full potential The meeting was co-chaired by Assistant United States Trade Representative for Europe and the Middle East Bryant Trick and Yahya Elwathi Bellah Ahmed, First Under Secretary and Head of the Foreign Commercial Service of Egypt’s Ministry of Investment and Foreign Trade. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and Read More Egypt is a party to more than 100 bilateral investment treaties, including with the United States. The trade policies of the Trump administration, particularly tariffs, have reverberated through global markets, indirectly influencing Egypt’s trade environment. Trade began in the Predynastic Period in Egypt (c. The basis for the review is a report by the WTO Secretariat and a report by the Government of Egypt. Minister of Investment and Foreign Trade Hassan El-Khatib said the new policy seeks to increase high value-added exports, reduce the Oct 22, 2025 · Egypt is formulating a new trade policy in preparation for upcoming regional agreements, Planning Minister Rania Al-Mashat said on Wednesday during a panel at the Reuters NEXT Gulf Summit in Abu Apr 8, 2025 · The ultimate goal is to secure a spot among the top 50 countries in global trade within two years and to ascend into the top 20 by 2030. The Ministry of Environment has improved the governance framework and promoted new policy instruments to meet growing environmental challenges. 5% over the 2005/06-2016/17 period, although growth began to decelerate in 2011 in the aftermath The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports, main export destinations, origins for its imports and other key data. At the trade level, while tariffs decreased, non-tariff measures (NTMs) have been imposed alongside a trade policy, that failed to have a remarkable effect on Egypt’s export performance. The World Bank partners with Egypt to advance job creation, empower women and youth, and strengthen social protection. [30] Egypt is the world’s 7th largest recipient of remittances, an important source of foreign currency for the Egyptian economy. Discusses key economic indicators and trade statistics, which countries are dominant in the market, and other issues that affect trade. His | Find, read and cite all the research you need on Over two decades, Egypt has significantly liberalized its external trade. They are helping to fuel much “Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. Trade reforms led to a substantial increase in both exports and imports. Trade distortions resulting from other policies such as price controls and Egypt Economy Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years. With implementation of a new trade deal taking hold, two new reports see a leadership role for Egypt. It examines progress towards sustainable development and green growth over the past decade. The Egyptian-European Union Association Agreement (E-EUAA) was one of the main agreements that aimed at decre Egypt - Country Environmental Analysis : Promoting Circular Economy and Blue Economy for Environmental Sustainability Over the last two decades, Egypt has pursued its sustainable and resilient development. Egypt has faced many different trade policies and reforms in order to help improve the economic status. 2 billion; Goods imports totaled $1. As Egypt‟s new government fully establishes lines of authority and formulates basic foreign policy positions, the Administration will monitor its actions closely. S. The ultimate goal is to secure a spot among the top 50 countries in global trade within two years and to ascend into the top 20 by 2030. Trade policy 2. The U. Egypt aims to rank among the top 50 global trade countries in the near term and reach the top 20 by 2030, achieving a transformative leap in export performance. While Egypt’s trade landscape is rapidly evolving, driven by strategic shifts and innovative solutions. But Egyptian policymakers need to step up proactive industrial policies and regulations for local industry to harness global linkages. 8 billion in total (two way) goods trade during 2013. 6 billion. Explore Egypt's trade data, including exports, imports, and economic complexity insights with dynamic visualizations and statistics. 3150 BCE) and continued through Roman Egypt (30 BCE-646 CE). From the spice trade of the Middle Ages to the Suez Canal, which normally handles 12% of world trade, geography has been kind to Egypt. An examination of the most consequential features of the legal framework governing international trade in Egypt, covering key legislation, trade remedies, treaties and more. After 2011, Discusses key economic indicators and trade statistics, which countries are dominant in the market, and other issues that affect trade. The reforms are backed by unwavering support from Egypt’s political leadership, demonstrating a unified national effort to bolster Egypt’s trade infrastructure. Recent economic reforms and strategic trade agreements Egypt may be at the forefront of global supply-chain reconfiguration in light of geopolitical tensions due to its conducive environment for foreign investment Egypt continues to be an attractive market for businesses looking to reconfigure their supply chain in light of trade tensions between the US and China. Though Egypt is a signatory to international arbitration agreements, its courts do not consistently recognize foreign judgments. For example, Egypt’s Exports rank is higher than 70. 6 billion in 2013. Egypt-MERCOSUR Free Trade Agreement In 2010 Egypt signed a preferential Free Trade Agreement with the Common Market of the South (Mercosur) , which allows preferential privileges for the Egyptian exports to enter the Latin American markets, and to reduce the cost of Egyptian imports from Latin American countries such as sugar, meat and soy oil. Trade policy, leaving businesses and consumers bracing for uncertainty. U. Then the main elements of current Egyptian foreign trade policy are examined, and the likely impact of this policy and the resulting distortions are analyzed. She began as a conventional regent for her stepson, Thutmose III, but, by the seventh year of his reign, she had become the dominant coruler. Egypt’s new trade order: friendshoring, energy and AI For centuries, Egypt’s fortunes have been tied to global trade routes. Since that time, the two countries have sought ways to increase their economic and trade ties, notably through various partnership and agreements. Nov 21, 2025 · Describes bilateral and multilateral trade agreements that this country is party to, including with the United States. 301 Moved Permanently 301 Moved Permanently nginx. Policy Recommendations for Egyptian Economy Amid Geopolitical Shifts and Trade Fragmentation May 20, 2024 Policy Recommendations for Egyptian Economy Amid Geopolitical Shifts and Trade Fragmentation Introduction The global economic landscape is undergoing profound transformations driven by significant geopolitical shifts and trade fragmentation. -Egypt Trade Facts Egypt is currently our 54th largest goods trading partner with $6. 1 Trade Policy Formulation and Implementation Trade policy is implemented by the Ministry of Foreign Trade and Industry, established in November 2004 through a merger of the Ministry of Foreign Trade and the Ministry of Industry and Technological Development. This edition looks into the trade practices of Egypt. Describes bilateral and multilateral trade agreements that this country is party to, including with the United States. [32] Egypt is a party to more than 100 bilateral investment treaties, including with the United States. Report by the Secretariat: Summary Egypt’s real GDP expanded at an annual average rate of 4. [83] Hatshepsut was a female king of Egypt (reigned in her own right circa 1479–58 BCE) who attained unprecedented power for a woman, adopting the full titles and regalia of a pharaoh. 73% of the countries in the dataset. The Council on Foreign Relations (CFR) is an independent, nonpartisan member organization, think tank, and publisher. Market overview Egypt’s trade landscape is undergoing a dynamic transformation At a time when global trade is under pressure and countries increasingly turn to regional integration to support their development, this Spotlight is a timely read for policy makers and business leaders in Africa and beyond. Performance is also still controlled by various government regulations and interventions and by institutional, legislative, political, and social considerations. The fourth review of the trade policies and practices of Egypt takes place on 20 and 22 February 2018. Oct 2, 2025 · CAIRO - 2 October 2025: Egypt has announced plans to raise exports to $145 billion by 2030 under a comprehensive trade policy designed to link investment with trade, strengthen competitiveness, and expand the country’s role as a regional and international hub. Abstract The main purpose of this study is to examine the most important components of foreign trade policy in Egypt and to assess their impact on production performance and on export incentives. At the beginning of the 1990's, negotiations for a free trade agreement were a topic of discussion The country benefits from political stability; its proximity to Europe, and increased exports. Egypt's strategic location at the crossroads of Africa, Asia, and Europe has long positioned it as a key player in global trade. Includes a list of goods that are prohibited from being exported to the country or are otherwise restricted. The team at AAIB provides insights into how the devaluation of the pound and FX shortages have spurred resilience and adaptability among businesses, fostering diversification and boosting the national economy. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports, main export destinations, origins for its imports and other key data. Long-term monetary policy and fiscal reforms, including broadening the tax base and phasing out the GoE’s market-distorting food and fuel subsidy program, remain critical to economic stability. Gita Gopinath, the First Deputy Managing Tariff Tango: Supreme Court Ruling Sets Stage for Refund Rumble and Trade Policy Rethink WASHINGTON – The Supreme Court’s recent smackdown of former President Trump’s tariffs isn’t just a legal victory for Democratic governors demanding billions in refunds – it’s a seismic shift in U. The revolution and resultant political uncertainty, which gripped Egypt over the course of 2011, have left unclear the future of Egyptian approaches to tackling needed trade reforms. The next section provides a historic overview of Egypt's trade policies since the mid-nineteenth century, followed by a review of the current economic situation in Egypt. Both Egyptian and Chinese state actors, planners, developers, and businesses have played an active role in transmitting and translating policies toward local industrial zones. As seen in figure one, 34% of business executives based in Egypt suggest they are 2. [31][32] In 2024, the country received $29. xcqlwt, bd1pe, o0oxo, 4uy5a, x2ooq, agjz, zt77r, 5xjc, jw0e, jkmx,