The Free Trade
Agreement between Egypt and Turkey
Egypt and Turkey have signed on December 27, 2005
a free trade agreement. The Agreement is drafted in
accordance with the provisions of the chapters
related to the free trade area in the Association
Agreement between Egypt and the EU.
According to the Agreement, imports into Turkey of
industrial products originating in Egypt shall be
allowed free of customs duties and other charges
having equivalent effect, upon the entry into force
of the Agreement .
On the other hand, customs duties and other charges
having equivalent effect on imports into Egypt of
industrial products originating in Turkey shall be
gradually abolished according to the schedules of
four lists which are identical to the lists attached
to the Association Agreement.
The dismantling of customs duties on Turkish goods
of each list shall be affected one year behind the
similar list of EU.
Regarding agricultural, processed agricultural and
fishery products, the two parties have agreed to
grant each other concessions either as free tariff
quotas or reduction of the customs duties on lists
of these products.
The two parties have agreed to apply the Pan –
Euromed Rules of Origin on the goods exchanged among
Egypt and Turkey are now in the process of ratifying
the Agreement. Once this process been finalized the
Agreement shall enter into force.