USTR to Work with Egypt on Plan to Boost & Facilitate Trade

The Office of the U.S. Trade Representative posted the January 17, 2012 remarks of Deputy USTR Sapiro during the U.S.-Egypt Business Council meeting. Sapiro described the U.S.' multilateral efforts to advance trade and investment in Egypt. She also stated that bilaterally, the U.S. is ready to work with its Egyptian counterparts to step up joint work in such areas as trade facilitation, services and investment, agriculture, good regulatory practices, as well as regional trade and investment arrangements. Among other things, USTR would like to see Egyptian companies take greater advantage of existing programs that would benefit Egyptian exports to U.S. markets, such as the Generalized System of Preferences (GSP). According to Sapiro, the U.S. and Egypt plan to create a bilateral Action Plan to achieve their shared goals.