Egypt’s economic policies will soon gear more toward African markets and Nile Basin countries, experts said.

“The prime minister said the government is inclined to form a free trade zone with Africa,” said Ministry of Trade and Industry Undersecretary Saeed Abdullah. He added that Africa constitutes 20 percent of Egypt’s total foreign trade, while the European Union makes up 40 percent.

Meanwhile, officials from the American Chamber of Commerce said the United States intends to form a free trade zone with Egypt in an attempt to boost its economy.

“But such a step would be considered after the parliamentary and presidential elections,” said chamber member Pascent Fahmy.

http://www.almasryalyoum.com/en/node/453340

Africa should be our biggest market, not the US. :cheers:

Great to hear that Egypt is looking towards the rest of Africa again. It really does have the potential to surpass what it accomplished under Mubarak in no time.

Africa should be our biggest market, not the US. :cheers:

Depends what you want...

Great news.
BTW. A few Congolese just accomplished training in Egypt on Agriculture technics ( Those Congolese will now advice Congolese farmers how to be productive) , since Egypt has some of the most advanced agriculture on the continent.

:cheers1:

A North and East African free trade zone ! :cheers1:

I wonder how much of an effect this could have.

Alot for Egypt.