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Tuesday, 8 October 2019

26 new Egyptian companies join QIZ agreement with the US

Twenty-six Egyptian companies qualified for inclusion in the Qualified Industrial Zones (QIZ) export agreement with the US and Israel between January August, bringing the total number of companies under the agreement to 1,030, a Trade Ministry source told the local press. The new companies manufacture readymade clothes, textiles, furniture, and food products. Participants in the 2004 agreement are granted tariff-free access to the US market provided they meet a minimum required amount of Israeli content.

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