MERCOSUR-Egypt Free Trade Agreement

1. Introduction to the Free Trade Agreement between MERCOSUR and Egypt
2. International Trade between Egypt and MERCOSUR
3. Certificate of Origin

Sample - Egypt-MERCOSUR Free Trade Agreement (FTA)

The Subject “MERCOSUR-Egypt Free Trade Agreement” is included within the curriculum of the following academic programs at EENI Global Business School:

Master in Business in Africa, International Business, Foreign Trade.

Doctorate in African Business.

Course: Business in East Africa.

Languages: or MERCOSUR MERCOSUR Egipto MERCOSUL Egito.

In 2010, MERCOSUR signed a free trade agreement (FTA) with the Arab Republic of Egypt.

The objectives of the Egypt-MERCOSUR (Argentina, Brazil, Paraguay, Uruguay) Free Trade Agreement are:

1. To increase and improve their economic cooperation
2. To raise Standard of living of their populations
3. To eliminate the difficulties and Restrictions on trade in goods, including agricultural products
4. To promote, through the reciprocal trade growth, their economic relations development
5. To provide fair conditions for International Trade competition
6. To create the conditions for the further encouragement of Foreign Direct Investment (FDI) particularly for joint Investments development; and
7. To promote International Trade and cooperation between them

The Egypt-MERCOSUR Free Trade Agreement is esteemed to facilitate the doubling of International Trade between Egypt and the member countries of MERCOSUR.

The agreement will allow a preferential treatment for the Egyptian products entering into the Hispanic American Markets and will reduce the cost of the Egyptian imports for the major items including sugar, meat, and soy oil.

Summary of Egypt-MERCOSUR Free Trade Agreement.

Chapter I: General Dispositions:

1. Initial dispositions
2. Trade in Services and Products
3. Foreign Direct Investment

Chapter II: definition of the concept of “originating products.”

1. Criteria for originating products
2. Proof of origin
3. Certificates of origin (Control and verification)

Chapter III: Preferential Safeguards.

1. Conditions for application of preferential safeguard measures
2. Investigation and transparency procedures

Chapter IV: disputes settlement.

Chapter V: final dispositions.

1. Annex: originating products in MERCOSUR imported into Egypt
2. Annex: certificate of origin of MERCOSUR-Egypt Agreement
3. Annex: code of conduct for arbitrators of arbitration tribunal
4. Annex: rules of procedure

Foreign Trade MERCOSUR-Egypt.

1. Top Latin American trade partners of Egypt are Brazil and Argentina

MERCOSUR belongs to the Hispanic American Economic Area and Egypt to the Islamic and African Civilization.

EENI African Business Portal.

More information: Egypt (EENI African Business Portal).

1. Cairo
2. Alexandria
3. Giza
4. Port Said
5. Suez. Suez Canal
6. Egyptian ports
7. Ahmed Mekky
8. Mohamed Mansour
9. Onsi Sawiris
10. Minoush Abdel-Meguid
11. Tarek Talaat Moustafa
12. Hassan Abdalla