The agreement contains provisions relating to state-owned commercial enterprises, subsidies and anti-dumping measures affecting trade relations between the contracting parties, as well as safeguarding disciplines. Egypt is a signatory to several multilateral trade agreements: another agreement on agricultural products, processed agricultural products and fisheries products came into force on 1 June 2010. The pan-Euro-Mediterranean system of origin brings together the EU, Egypt and other Mediterranean countries to support integration and create a common system of rules of origin. In June 2013, the EU and Egypt began discussions on how to deepen their trade and investment relations through a comprehensive and comprehensive free trade agreement (FTA). EFTA states are committed to providing economic cooperation and technical assistance to Egypt to facilitate the implementation of the agreement. This cooperation and support includes improving trade and investment opportunities and supporting Egypt`s efforts to ensure sustainable economic and social development. They will focus on sectors facing particular challenges, as well as sectors that will generate growth and employment (Articles 34-36). There are also bilateral Memorandums of Understanding on concrete technical cooperation projects between Iceland and Egypt, Norway and Egypt, as well as Switzerland and Egypt. The agreement also contains provisions for the elimination of other trade and trade-related barriers, including competition rules, state monopolies and subsidies.
In addition, the agreement contains provisions relating to intellectual property protection, investment, services, current payments and capital flows, public procurement, economic cooperation and institutional and procedural issues. The agreement establishes a joint committee to oversee the implementation of the agreement and provide for a binding arbitration procedure. In addition, Egypt has signed several bilateral agreements with Arab countries: Jordan (December 1999), Lebanon (March 1999), Libya (January 1991), Morocco (April 1999), Syria (December 1991) and Tunisia (March 1999). In addition, Egypt and China entered into a trade agreement in 1995. Egypt has also signed an economic treaty with Russia. In June 2001, Egypt signed an Association Agreement with the European Union (EU), which came into force on 1 June 2004. The agreement provided for immediate duty-free access of Egyptian products to EU markets, while duty-free access for EU products was phased in over a 12-year period. In 2010, Egypt and the EU concluded an agricultural annex to their free trade agreement and liberalized trade in more than 90% of agricultural goods. The provisions relating to the protection of intellectual property rights (Article 23 and Appendix V) concern, among other things, patents, trademarks, copyrights and geographical indications. They are based on the WTO agreement on trade-related aspects of intellectual property rights (TRIPS) and provide a high level of protection, taking into account the principles of the most favoured nation and national treatment.
In response to events in the Arab world in 2011, the EU has highlighted ways to develop and deepen our trade and investment relations with its partners in the southern Mediterranean: since 2001, the European Union has concluded a preferential trade agreement with Egypt, which it hopes to enhance as part of the conclusion of a comprehensive free trade agreement between the EU and the Mediterranean Region. The parties agree to establish stable, favourable and transparent conditions for companies of other parties that make or wish to make investments in their territory. They provide total protection and security to each other`s investments, as well as fair and equitable treatment, in accordance with international law. The parties recognize the importance of promoting cross-border investment and technology flows (Articles 24 and 25).