The United States will designate a new Qualified Industrial Zone and expand two existing ones to strengthen Egyptian-Israeli trade and political relations, the US Embassy said in a statement Tuesday. Egypt signed a trade agreement with the United States and Israel last year to enable it to export Egyptian-made products to the United States duty-free as long as its products contain at least 11.7 percent input from Israel. A new zone to be created Egypt's central Nile Delta region north of the capital, Cairo, takes the number of so-called QIZs to eight, the statement said. Two existing QIZs in greater Cairo and Suez Canal will also be expanded.More about:United States, Suez Canal, Israel, Egyptfunction initServerVars() { _headup.clientHost = 'http://newstopics.jpost.com'; _headup.termsFromServer = 'The United States$$Suez Canal$$Israel$$Egypt$$Cairo'; _headup.annotatedTerms = ['dbpedia:United_States$$1', 'dbpedia:Suez_Canal$$1'] _headup.widgetMode = 'snippet'; _headup.snippetButtonStyle = 'banner'; _headup.blackListedUrl = false; } <!-- Terms Count: 5 TTL: 60 Terms From Server: The United States, Suez Canal, Israel, Egypt, Cairo DateTime: 6/2/2011 1:53:48 AM -->