Egypt-U.S. Economic Relations
 
Partnerships and Agreements Top U.S. Exports to Egypt by State (PDF)
Egypt-U.S. Trade USAID Programs in Egypt
Egypt-U.S. Investment Other documents related to Egypt-U.S. Relations
Qualifying Industrial Zones (QIZs)    
 

The mission of the American Chamber Of Commerce In Egypt (AmCham-EGYPT) is to promote the development of commerce and investment between the United States and Egypt. The United States has been Egypt's leading foreign trade and investment partner since the launch of Egypt's Open Door Policy and the signing of the Camp David Accords in the late 1970s.

Activities between the two include trade in goods and services, capital inflows and significant transfer of aid. Additionally, political factors such as promoting peace in the Middle East and maintaining a stable region, which serves both nations' interests, also play an important role.

Bilateral relations have been marked by upward trends in trade, investment and supportive partnerships and agreements, despite short-term fluctuations. Further enhancement of trade and investment ties is, no doubt, of benefit to both countries, but even more beneficial to Egypt as it fits within the current phase of economic reform, emphasizing private sector-led, export-oriented growth strategies.

On December 10, 2004, the Bush Administration announced the formation of Qualified Industrial Zones (QIZs) in Egypt, setting in motion an historic partnership between Egypt and Israel that will foster economic cooperation between the two countries and provide opportunities for US companies to import products--including apparel, footwear and other items that normally carry high duty rates--from Egypt duty- free.

With the U.S. policy shift towards Egypt: "From Aid to Trade" and the reduction of assistance, a Free Trade Agreement (FTA) is only the natural progression at this stage and is encouraged to smooth the transition in policy. An FTA with the U.S. will capitalize on Egypt's favorable business environment and strong U.S. presence in the economy. Furthermore, if properly crafted, an FTA is a complement to Egypt's trade liberalization and outward orientation and will act as a further stimulus for business activity in the country.

For inquiries on Egypt - U.S. trade and investment relations please contact the Business Studies & Analysis Center (BSAC) - e-mail: studies@amcham.org.eg


Other documents related to Egypt-U.S. Relations

" An Ambivalent Alliance: The Future of U.S.-Egyptian Relations", Saban Center Analysis - [PDF] - January 31, 2006

"Congressional Research Service [CRS] Report on Egypt", [PDF] - June, 2006

Center for Strategic and International Studies(CSIS), “Review of U.S. Assistance Programs to Egypt” Statement before the House International Relations Committee, Subcommittee on the Middle East and Central Asia, [PDF] - June 21, 2006

Hearing on "Challenges of the Middle East Road Map", U.S. Senate - Committee on Foreign Relations [PDF] - June 30, 2005

Task Force Report "In Support of Arab Democracy: Why and How", by Madeleine K. Albright and Vin Weber, Council on Foreign Relations [PDF] - June 08, 2005

Hearing on "The Way Forward in the Middle East Peace Process", U.S. House of Representatives - Committee on International Relations [PDF] - February 10, 2005

Hearing on "United States Economic Assistance to Egypt", U.S. House of Representatives - Committee on International Relations, [PDF] - June 17, 2004

Hearing on "The Future of U.S.-Egyptian Relations" , U.S. House of Representatives - Subcommittee on Middle East and Central Asia, [PDF] - June 16, 2004

US Embassy Economic Trends Report Egypt-[ PDF] - May 2007

EGYPT - Foreign Trade Barriers Report - 2007 [PDF]

EGYPT - Country Commercial Guide [PDF]

Complete USAID/EGYPT Program [PDF]


Guide to Doing Business in Egypt

Egypt Reform 06 [PDF]


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