Egypt, UK to sign free trade agreement after Brexit: Trade Minister

Egypt, UK to sign free trade agreement after Brexit: Trade Minister

About EGP 3.1bn export subsidy arrear have been disbursed from Export Development Fund from January to May. Comments Off on Egypt, UK to sign free trade agreement after Brexit: Trade Minister. Egypt will soon sign a free trade agreement with the UK following the latter's exit from the EU, commonly known as Brexit, according to Minister of Trade and Industry Nevine Gamea.. The Minister said that the past period witnessed intensive negotiations between the two countries to reach an agreement on free trade, which will soon be finalised.. The announcement came during a virtual conference, entitled "The Role of the Government in Supporting the Private Sector", organised by the British Egyptian Business Association (BEBA) on Sunday.. According to government data, the UK has the third highest trade exchange among European countries with Egypt.. The minister said that the government will review the new export subsidy programme, which was launched last November, in which overdue arrears are being paid..