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Reengaging Egypt: Options for US-Egypt Economic Relations

Author

Listed:
  • Barbara Kotschwar

    (Peterson Institute for International Economics)

  • Jeffrey J. Schott

    (Peterson Institute for International Economics)

Abstract

The success of the United States' Middle East strategy depends importantly 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.

Suggested Citation

  • Barbara Kotschwar & Jeffrey J. Schott, 2010. "Reengaging Egypt: Options for US-Egypt Economic Relations," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4396, April.
    • Handle: RePEc:iie:ppress:4396
    Note: Policy Analyses in International Economics 90
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    Cited by:

    1. Yasmina Hamouda & Noha Farrag, 2022. "Female education and economic growth: an empirical investigation for Egypt," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 32(1), pages 42-63.
    2. Motaz Khorshid & Saad Nassar & Victor Shaker, 2016. "An Agriculture Economy Interaction Model for Egypt - Analysis of the Proposed Free Trade Agreement with USA," EcoMod2016 9243, EcoMod.

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