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Qualifying Industrial Zones
Textile and Apparel Importer Conference
New York, January 9, 2013
Amin Sabry
Arab Republic of Egypt
Gabby Bar
State of Israel
Co-Chairmen of the QIZ Joint Committee
Qualifying Industrial Zones
• A QIZ is an area in Egypt that was designated by the
United States, from which goods can be exported
duty free to the United States.
• In order to enter the US duty free, these goods must
meet the QIZ Agreement criteria and must be
approved by the QIZ Joint Committee.
QIZ Rules of Compliance
Israel
10.5%
US
65.0%
Egypt
24.5%
The final products must undergo substantial transformation.
Economic Goals of the QIZ Agreement
• For Israel: To open new markets for Israeli exports
• For Egypt: To improve competitiveness of Egyptian exports
to the U.S
• For the U.S: To diversify the sources of imports into the U.S
• Joint objectives:
• To enhance business and industrial cooperation and to
increase bilateral trade between Egypt and Israel
• To strengthen the bilateral relations and Peace
between Egypt and Israel.
QIZ Milestones
2009
2005
2004
Signature
1996
Presidential
Proclamation
Entry into
force
Addition
of zones
Thank You