Egypt
The Arab Republic of Egypt — is a country lying in the northeast corner of Africa and southwest corner of Asia, via a land bridge formed by the Sinai Peninsula
It is bordered by the Mediterranean Sea to the north, the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south and Libya to the west.
Official language — arabic
Capital — Cairo
Form of government — presidential republic
President is the Head of State and Head of the Military. Head of government — prime minister. Top tier legislature — two-house House of Representatives.
Currency — egyptian pound (EGP)
Population — 85,3 milllion people (15th in 2013)
GDP — $271,973 billion (41th in 2013, according to The World Bank)
Market access
Tariff barriers: egypt custom tariff
Non-tariff barriers: not declared (with regards to products from Russian as of 1st of July 2014)
Trade relations with Russia
Source — The Federal Customs Service of Russia
Import structure from Egypt to Russia
(according to the Federal Customs Service of Russia; thousand of USD)
|
Export structure from Russia to Egypt
(according to the Federal Customs Service of Russia; thousand of USD)
|
Major foreign trade partners of Egypt in 2013
(according to International Trade Center; thousand of USD)
|
Investment partnership between Russia and Egypt
Investment dynamics from Egypt to Russia
(thousand of USD)
|
Investment dynamics from Russia to Egypt
(according to The Central Bank of the Russian Federation; thousand of USD)
|
Source: The Central Bank of the Russian Federation
Integration
In March 2014 in Moscow, following the results of the joint Russian-Egyptian commerce, economic and scientific partnership committee panel session the countries declared interest to commence negotiations on a free trade area between the Customs Union and Egypt.