Egypt media says trade delegation visiting Israel

By OREN KESSLER
April 2, 2012 20:04

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

An Egyptian delegation arrived in Israel on Sunday to discuss economic ties between the two countries in the first visit of its kind since the ouster of longtime president Hosni Mubarak, the Al-Ahram newspaper reported on Monday. The visit, which will last several days, will include discussions on the 2005 agreements for the Qualifying Industrial Zone (QIZ) between Egypt, Israel and the United States.

The agreement grants Egyptian clothing manufacturers zero-tariff access to the American market as long as they use at least 11.7 percent Israeli materials. Around 500 factories are believed to operate under this agreement. AFP reported that one envoy said the delegation would also discuss new joint economic projects between the two countries, and to broaden the project's market. Turnover from current QIZ projects last year was estimated at $1.3 billion.

Related Content

Breaking news
August 18, 2018
U.N. chief suggests options for improved Palestinian protection

By REUTERS