Egypt-UK trade agreement takes effect 31 December: UK trade envoy

  • Date: 12-Nov-2020
  • Source: Ahram
  • Sector:Economy
  • Country:Egypt
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Egypt-UK trade agreement takes effect 31 December: UK trade envoy

The Egypt-UK trade agreement will come into effect on 31 December to be the framework organising bilateral trade ties after Brexit. 

The deal is based on the EU-Egypt Association Agreement, UK Trade Envoy to Egypt Sir Jeffery Donaldson said. 

The UK regards Egypt as the gateway to Africa and a crucial market for the kingdom, which is why the UK has a strong trade team based in Cairo, Donaldson told Ahram Online during a virtual panel held on Thursday as part of Egypt's Week in the UK, an online event that kicked off on Monday.  

He added that Egypt is a growing market and the UK is seeing its great opportunities, stressing that Egypt is one of the fastest-growing markets in the world. 

"We are keen on expanding our investments