The EFTA-Egypt Free Trade Agreement (FTA) entered into force in 2007. At its fourth meeting, the Joint Committee discussed a number of issues under the FTA, including economic relations between the two sides and customs related issues, as well as areas for a possible deepening of trade relations.
The Egyptian delegation was headed by Ambassador Dr. Madga Shahin, Adviser to Egypt´s Minister of Trade while Ambassador Harald Aspelund from Iceland acted as spokesperson for the EFTA States.
Total merchandise trade between the EFTA States and Egypt stood at USD 1.6 billion in 2018, making Egypt EFTA’s most important merchandise trade partner in Africa. Among EFTA’s leading exports to Egypt were pharmaceuticals, precious metals and organic chemicals. The main import items from Egypt were mineral fuels, apparel and cotton.
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