Egyptian delegation to meet on QIZ

At the meeting, existing permits for Israeli-Egyptian industrial QIZ projects will be renewed, and new requests by binational projects will be approved, the ministry said.

By DANIEL KENNEMER
September 14, 2006 06:44

 
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

A delegation from the Egyptian Industry and Trade Ministry and Customs Authority will come to Jerusalem early next week for a quarterly meeting on joint Qualifying Industrial Zones with their Israeli counterparts, the Industry, Trade and Labor Ministry. At the meeting, existing permits for Israeli-Egyptian industrial QIZ projects will be renewed, and new requests by binational projects will be approved, the ministry said. Signed in 2004, the agreement allows Egyptian manufactured goods integrating an Israeli component of at least 11.7 percent of the finished product's value to be exported to the US duty-free. Due to the pact, Israeli exports to Egypt more than tripled to $93 million in 2005 from $29m. the year before. A similar pact was signed with Jordan in 1997.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS