US, Egypt discuss ways to expand trade

October 25, 2011 01:13


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

WASHINGTON - The United States is eager to expand trade with Egypt to help the world's most populous Arab country complete its transition to democracy, a top US trade official said on Monday.

"The United States greatly values its economic relationship with Egypt, which is a key strategic partner," Deputy US Trade Representative Miriam Sapiro said in a statement after a meeting near in Jordan with Egyptian Minister of Industry and Trade Mahmoud Eisa.

"With this first high-level meeting with Minister Eisa, we are advancing our work together to overcome obstacles to increased trade and investment and to pursue actions to improve regional economic integration," Sapiro said.

Eisa will visit Washington next month for further talks, said Sapiro, who has played a key role in shaping the US economic response to the events of the "Arab Spring."

Two-way goods trade between the United States and Egypt increased more than 30 percent in 2010 to $9.1 billion, while US investment in Egypt rose 28.4 percent to $11.7 billion.

Related Content

Breaking news
August 17, 2018
U.S. says no rebuilding funds for Syria until peace talks underway