VOL. XLIV

No 45

5-November-2001

AID

US Signs $200Mn Agreement WithEgypt For Import Finance

The US embassy in Cairo announcedon 23 October that the Egyptian Ministry of International Cooperation and theUS Agency for International Development (USAID) had signed a $200mn CommodityImport Program (CIP) to help finance the import of US equipment and materials.In a statement, the embassy explained that the agreement, signed on September30, would allow for an initial allocation of $120mn that would be...