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Free Trade Agreement between Egypt and Turkey   -    15 April 2007

The free trade agreement between Egypt and turkey has entered into force on the first of may 2007. the agreement was signed in Egypt on 27 December 2005, and it has been ratified by both countries .

 

The most important provisions that the agreement has are the following:

 

1.Full tariff exemption of Egyptian industrial commodity exports effective from the date the agreement enters into force.

 

2.Gradual liberalization of Egyptian industrial commodity imports from Turkey on yearly basis up to 15 years.

 

3. Regarding agricultural commodities, both countries shall exchange lists of sensitive commodities based on their comparative advantages.

 

4.Both parties shall adopt the Euro-Mediterranean rules of origin.  


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