Egypt and the United States do not have a bilateral trade agreement but annually hold a Trade and Investment Framework Agreement (TIFA) nsultation to discuss a wide range of issues related to trade and investment. In addition, Egypt and the U.S. have a duty-free arranOKAYent for products from Egypt’s Qualifying Industrial Zone (QIZ). The QIZ initi See full list on trade.gov General Agreement on Trade in Services (GATS) mmitments GATS restricts foreign equity in nstruction and transport services to 49 percent. In the mputer services sector, larger ntributions of foreign equity may be permitted, such as when the Ministry of mmunication and Information Technology determines that such services are an integral pa... See full list on trade.gov Under the 1986 United States-Egypt Bilateral Investment Treaty (BIT), Egypt is mmitted to maintaining an open investment regime. The BIT requires Egypt to accord national and Most-Favored Nation (MFN) treatment (with certain exceptions) to U.S. investors, to allow investors to make financial transfers freely and promptly, and to adhere to interna... See full list on trade.gov Pharmaceutical Price ntrols In 2009, the Ministry of Health and Population (MoHP) issued Decree 373 to replace Egypt’s “cost-plus” system of pharmaceutical pricing with a new “reference pricing” system that set the price of brand-name drugs in Egypt 10 percent lower than the lowest international sales price for the drug. The decree also sets a pr... See full list on trade.gov