UK and Egypt sign an Association Agreement. More details here.
British Ambassador to Egypt signed an agreement with Egypt’s Assistant Foreign Minister for Europe, to strengthen political and trade ties between the two countries. This Agreement is designed to take effect when the EU-Egypt Association Agreement ceases to apply to the UK.
The agreement will allow British businesses and consumers to benefit from continued preferential access to the market after the end of the transition period – which will help boost vital trade and investment.
The agreement will provide tariff-free trade on industrial products, as well as liberalisation of trade in agriculture, agri-foods and fisheries which will make trade easier and deliver significant savings to businesses in both the UK and Egypt. This Agreement will now be subject to domestic parliamentary procedures in both the UK and Egypt.