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To What Extent Should Egypt go Deep in its Free Trade Area with the United States? If Any!!1

To What Extent Should Egypt go Deep in its Free Trade Area with the United States? If Any!!1 INTRODUCTION The proliferation of Regional Trade Agreements (RTAs) is a striking phenomenon that is dominating the trading systems of almost all countries around the world. Whether such RTAS are of benefit to the countries that are engaged in them and for the world trading system has been subject to an endless debate. This study focuses on the potential Egypt-United States of America (US) free trade area (FTA). Egypt has been trying to start negotiations on such FTA for a long time; however there has always been reluctance from the American side arguing that Egypt is still not ready for such FTA as it has not finished yet the list of reforms. The study builds on the type of FTAS that US had concluded and poses the question of to what extent should Egypt go deep in its FTA with US? It adopts an institutional descriptive approach focusing mainly on the issue of "deepness"3, and tackles two main questions, namely what is of benefit to Egypt, and whether if Egypt follows the same approach adopted in the US FTAs concluded so far in the Middle East it would be able to implement the FTA efficiently. The study starts in http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of World Investment and Trade Brill

To What Extent Should Egypt go Deep in its Free Trade Area with the United States? If Any!!1

Journal of World Investment and Trade , Volume 9 (2): 23 – Jan 1, 2008

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1660-7112
eISSN
2211-9000
DOI
10.1163/221190008X00142
Publisher site
See Article on Publisher Site

Abstract

INTRODUCTION The proliferation of Regional Trade Agreements (RTAs) is a striking phenomenon that is dominating the trading systems of almost all countries around the world. Whether such RTAS are of benefit to the countries that are engaged in them and for the world trading system has been subject to an endless debate. This study focuses on the potential Egypt-United States of America (US) free trade area (FTA). Egypt has been trying to start negotiations on such FTA for a long time; however there has always been reluctance from the American side arguing that Egypt is still not ready for such FTA as it has not finished yet the list of reforms. The study builds on the type of FTAS that US had concluded and poses the question of to what extent should Egypt go deep in its FTA with US? It adopts an institutional descriptive approach focusing mainly on the issue of "deepness"3, and tackles two main questions, namely what is of benefit to Egypt, and whether if Egypt follows the same approach adopted in the US FTAs concluded so far in the Middle East it would be able to implement the FTA efficiently. The study starts in

Journal

Journal of World Investment and TradeBrill

Published: Jan 1, 2008

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