Anchoring Reform with a US - Egypt Free Trade Agreement
Despite Egypt’s strategic importance to the United States, US-Egypt FTA discussions only came to life in the aftermath of the war with Iraq and of a post-September 11 determination to promote development in the Middle East. If the United States were to select its FTA partners based on relative political importance in their regions, Egypt would top the list among Arab states. This book considers the key economic and political characteristics of Egypt as a potential FTA partner. It examines the...
Search in google:
Could douce commerce be an answer in the Middle East? Galal (Egyptian Center for Economic Studies and the World Bank), Lawrence (trade and investment, Harvard U.) and their contributors believe a free trade agreement between Egypt and the US would have benefits for both, arguing that an FTA would further Egypt's economic progress, stimulate regional reform, avoid trade diversion and improve bilateral economic relations. They believe that such an agreement should include reduction or elimination of tariffs, of course, but also concentrate on policies that would attract US investment into Egypt. The outcome, they claim, will be domestic social, political and economic reforms in the country and in the region. Annotation ©2004 Book News, Inc., Portland, OR
