Article: ISRAEL: ISRAEL, EGYPT AND THE UNITED STATES TO SIGN QIZ AGREEMENT.(Qualified Industrial Zones)(Brief Article)

On December 14, Israel, Egypt and the United States will sign the agreement leading to the establishment of Qualified Industrial Zones in Cairo, Egypt. This is the first agreement to be signed by Israel and Egypt, since their Peace Treaty was signed. The areas to be recognized as Qualified Industrial Zones are located around Cairo, Alexandria and the Suez Canal. Goods will be exported duty free from these areas to the United States. Under the joint leadership of Deputy Prime Minister and Foreign Minister Silvan Shalom and Minister of Industry and Trade Ehud Olmert, the two ministries worked in close cooperation with Egypt and the ...

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