Following a meeting of the U.S.-Egypt Trade and Investment Council in Washington, D.C., the Office of the U.S. Trade Representative reported that Egypt has accepted U.S. Federal Motor Vehicle Safety Standards for the importation of fully assembled vehicles and has decided to relax domestic ownership requirements for express shipping companies. In addition, the two sides are collaborating on the development of scientific, risk-based food safety practices consistent with the international guidelines of the Codex Alimentarius Commission that will build on private-sector and local efforts already underway in Egypt.
Other topics of discussion at the meeting included the following.
- ways to promote greater reciprocal market access for agricultural and industrial goods
- Egyptian labor reforms
- improving intellectual property protection, including through accession to relevant international treaties
- strengthening border enforcement measures
- implementing the World Trade Organization Trade Facilitation Agreement
- recognizing international technical standards and discouraging the use of discriminatory policies
USTR notes that total bilateral goods trade totaled an estimated $7.5 billion in 2018 and that about $1 billion in Egyptian goods enter the U.S. duty-free each year under the Generalized System of Preferences and Qualifying Industrial Zones programs.
For more information on trade with Egypt, please contact Nicole Bivens Collinson at (202) 730-4956.