Trade Agreements Egypt

Trade Agreements Egypt

The provisions on the protection of intellectual property rights (Article 23 and Annex V) concern, inter alia, patents, trademarks, copyrights and geographical indications. They are based on the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) and provide for a high level of protection taking into account most-favoured-nation principles and national treatment. For EFTA-Egypt trade statistics, see EFTA trade statistics tool It would go beyond the Association Agreement and would include trade in services, government procurement, competition, intellectual property rights and investment protection. Egypt is a signatory to several multilateral trade agreements: the Joint Committee shall ensure that, from the fifth year following the entry into force of this Agreement, there is no adoption or maintenance of measures contrary to trade between the Parties in respect of state-owned enterprises and enterprises to which special or exclusive rights have been granted (Article 32). The agreement covers trade in industrial products, including fish and other seafood products, as well as processed agricultural products. In addition, some EFTA States and Egypt have concluded bilateral agreements on basic agricultural products, which are part of the instruments for the creation of the free trade area. The EU-Egypt Association Agreement has been in force since 2004. It creates a free trade area between the EU and Egypt by abolishing tariffs on industrial products and facilitating trade in agricultural products. In addition, Egypt has signed several bilateral agreements with Arab countries: Jordan (December 1999), Lebanon (March 1999), Libya (January 1991), Morocco (April 1999), Syria (December 1991) and Tunisia (March 1999).

In addition, Egypt and China concluded a trade agreement in 1995. Egypt has also signed an economic agreement with Russia. In June 2001, Egypt signed an Association Agreement with the European Union (EU), which entered into force on 1 June 2004. The agreement provided for immediate duty-free access for Egyptian products to EU markets, while duty-free access for EU products was progressive over a twelve-year period. In 2010, Egypt and the EU concluded an agricultural annex to their free trade agreement and liberalized trade in more than 90% of agricultural products. The Agreement contains provisions on state trading enterprises, subsidies and anti-dumping measures affecting trade relations between the Parties, as well as safeguard disciplines. Since 2001, the European Union has concluded a preferential trade agreement with Egypt, which it wants to improve as part of a comprehensive free trade agreement between the EU and the Mediterranean. . . .

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