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Israel, Egypt set target of $2bn duty-free textile exports to U.S. within 3 yrs

Related Keywords: double duty free textile exports, Egypt, Egyptian textile makers, in United states, Israel, Israel contributes at least 10.5 percent, joint booth, Magic apparel trade fair, marked 10 years of US qualifying economic zone, of their value, regional economic integration, sell products duty-free, target of $2 billion, textile and clothing goods

Israel and Egypt, the two countries marked 10years of the U.S. Qualifying Economic Zone framework with a joint booth at the Magic apparel trade fair, in Las Vegas, the world’s biggest event in the international fashion industry, this week. The two countries to strengthen the relations on Wednesday has agreed to double duty-free textile exports to the United States to $2 billion within three years, said Gabi Bar, head of the Middle East desk at the Economy Ministry.

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