Conferences and Workshops

Is it Time for An Egypt-US Free Trade Agreement?

Date : 5/5/2005

Speakers : Multiple Speakers

Notwithstanding the strong political ties between Egypt and the U.S., the economic relationship between the two countries is not sustainable. The stubborn trade deficit in favor of the U.S., the limited U.S. foreign direct investment (FDI) in Egypt and the dwindling economic aid all suggest that the time has come for both parties to reformulate this dimension of their relationship. Based on the premise that the two countries value their political alliance for peace and stability in the Middle East, the secure supply of oil, and the role of Egypt as a reform model for other countries in the region, this conference was intended to contribute to the debate on the future of Egypt-U.S. economic relations.