ISDS Case Map
Egypt
Egypt has reached a free trade zone agreement with the Eurasian Economic Union (Russia, Kazakhstan, Armenia, Belarus), Egyptian President Abdel Fattah Sisi said Tuesday.
The Egyptian government expects to begin negotiations for free trade agreements with the Eurasian Economic Union, as well as with African economic blocs such as COMESA, SADEC and EALA, and to sign a deal with MERCOSUR in Latin America.
Egypt has decided not to extend a comprehensive free trade agreement signed with Turkey during the rule of the ousted ex-President Mohamed Morsi, the MENA news agency reported on Oct. 28.
Industry and Trade Minister Mounir Fakhry Abdel Nour said the Egyptian government is keen to activate the Egypt-Mercosur free trade agreement that Egypt has signed in 2010 with the Southern Common Market economic bloc.
Russia has asked Egypt to start negotiations to sign a free trade agreement with the Eurasian Customs Union, which groups Russia, Kazakhstan and Belarus, said Minister of Trade and Industry Mounir Fakhri Abdel-Nour.
Russia will increase exports of wheat to Egypt and imports of other agriculture products from it, Russian officials said on Tuesday as the two countries discussed the potential for a free trade zone.
The Qatar-based satellite network Al Jazeera served Egypt with a $150 million compensation claim on Monday for what it said was damage to its business inflicted by Cairo's military rulers, a step likely to worsen Qatari-Egyptian relations.
Al Jazeera has lodged a $150m claim for compensation against Egypt, turning to an international investor arbitration tribunal in its latest bid to fight a crackdown by the government in Cairo.
In a letter addressed to the representatives of the European Commission, FIDH, CNCD 11.11.11 and Aitec express their concerns on the way human rights are taken into account in the impact assessment regarding the future DCFTA between the EU and Egypt.
Egypt is exploring the possibility of negotiatng a free trade zone between Egypt and the countries of the Customs Union, which include Russia, Belarus and Kazakhstan.
