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Reengaging Egypt: Options for US-Egypt Economic Relations

Monday 04/September/2017 - 08:32 AM
Sada El Balad

The success of the United States' Middle East strategy significantly depends on the future course of US-Egypt economic relations. Deepening bilateral commercial and investment ties can pay both commercial and political dividends as the Obama administration refocuses US strategy in the Middle East. While the United States and Egypt have long been close partners، revitalizing US-Egypt economic relations will spur innovation and productivity gains، open new development opportunities in Egypt through expanded trade and investment، and create important precedents for future regional initiatives. In this study، the authors first assess the two countries' current commercial relationship and then provide concrete suggestions for enhancing and expanding specific areas of the US-Egypt economic relationship، such as market access، services، trade facilitation and development cooperation. Ultimately، the study sets out several promising avenues for strengthening economic ties.

About the Author
Barbara Kotschwar is a research associate at the Peterson Institute for International Economics. She is an adjunct professor of Latin American Studies and Economics at Georgetown University. She is coeditor of Trade Rules in the Making: Multilateral and Regional Trade Arrangements and The Andean Community and the United States: Trade and Investment Relations in the 1990s. Jeffrey J. Schott is a senior fellow at the Peterson Institute for International Economics working on international trade policy and economic sanctions. Schott is the author، coauthor، or editor of several books on trade، including Economic Sanctions Reconsidered، 3rd edition (2007)، Trade Relations Between Colombia and the United States (2006)، NAFTA Revisited: Achievements and Challenges (2005)، and Free Trade Agreements: US Strategies and Priorities (2004).

Series: Policy Analyses in International Economics (Book 90)
Paperback: 128 pages
Publisher: Peterson Institute for International Economics; 1 New edition (February 9، 2010)
Language: English
Dimensions: 5.9 x 0.4 x 8.9 inches

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