Egypt |
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Last reviewed: 27 January 2008 |
Egypt remains an important regional interlocutor, and plays an active role in the Arab League.
The EU-Egypt Association Agreement came into force on June 2004. It includes provisions for initiating free trade between the EU and Egypt. It also includes co-operation in a wide range of fields, including regular political dialogue on issues such as human rights, rule of law and democratisation. The European Commission have completed negotiations with Egypt on a European Neighbourhood Policy Action Plan, the next step in developing the EU's relationship with Egypt. The Action Plan identifies areas for reform linked to closer co-operation with the EU.
The British and Egyptian governments have a strong relationship and share mutual objectives.
UK/Egypt visible bilateral in 2007 was worth £1 .2 billion, with UK goods exports up by 20% on 2006. Together with estimated bilateral trade in services of around £1 billion (based on 2006 figure), total trade is worth about £2.2 billion. The UK is the largest foreign investor in Egypt, with cumulative investments across a wide range of sectors estimated at £10 Billion. UK companies are increasingly looking Egypt as a hub from which to develop business in the region as a whole.
We have full diplomatic relations with Egypt. Our Ambassador to Cairo is His Excellency Dominic Asquith CMG.
The EU continues to provide assistance to Egypt through the MEDA programme, and the UK contributes a significant proportion to the EU's total development assistance programme.
We have excellent cultural links with Egypt. The British Council has a substantial operation in Cairo and a smaller operation in Alexandria. The Foreign and Commonwealth Office offers approximately 20 Chevening Scholarships and 10 Chevening Fellowships to young Egyptians each year. The United Kingdom was the guest of honour at the Cairo Book Fair where the business of publishing was a feature as the cultural debates between intellectuals, writers, scientists and the reading. The fair will run from 23 January until 4 February.