Middle East Economic Survey
TRADE AND COMMERCE
Egypt, Israel And US Sign Free Trade Agreement
In one of the few steps taken by Egypt and Israel towards mutual cooperation since signing a peace agreement 25 years ago, the two countries on 14 December concluded a Qualified Industrial Zone (QIZ) agreement that will allow the duty free export to the US of Egyptian products including Israeli components. The agreement is based on the six-year-old QIZ agreement...