Government Role in the Economy
Egypt's policy targets at developing economic relationships with different
countries in the whole world. In this regard, Egypt joined the WTO and the
COMESA and it signed Partnership Agreement with the EU. Egypt also works on
activating the Arab free trade zone, the role of the G-15 and the D-8.
Egypt pays a special heed to its economic relations with the Arab world. Hence,
Egypt signed an agreement to facilitate trade exchange to help annul customs
among the Arab countries by 2007. Egypt also signed Aghadir Agreement to
establish free trade zone with Morocco, Tunisia and Jordan.
Egypt works on deepening cooperation with the COMASA countries and it also
boosts all African efforts exerted to put the NEPAD into effect.
Egypt works on deepening cooperation with the Asian countries in the economic
fields; hence it signed cooperation agreements with China, South Korea and
Egypt managed to benefit from its relationships with the EU countries, as it
signed Partnership Agreement with the EU.
Cooperation with the United States
The United States is the second largest trade partner of Egypt after the EU. In
December 2004, Egypt signed the QIZ Protocol with the US and Israel to make
Egyptian clothes and textile products enter the US markets.