Middle East Economic Survey

VOL. XLVII

No 51/52

20/27-December-2004

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...