Egypt, EU sign association agreement
EU foreign ministers meeting in Luxembourg Monday, June 25, signed an "association agreement" with Egypt for promotion of bilateral trade.
A statement accompanying the accord, signed by Egyptian Foreign Minister Ahmed Maher Al-Sayed and EU Commissioner for External Relations Chris Patten, noted the EU was Egypt's biggest trading partner.
It said the EU was increasingly participating in Egypt's economic and social development program.
It also envisioned programs for dialogue and cooperation between the EU and Egypt in such areas as education, culture and crime fighting.
The association agreement is part of a Euro-Mediterranean partnership begun in 1995 between the EU and 12 Mediterranean countries, aimed at establishing a free trade zone between the two groups by 2010. ― (AFP, Luxembourg)
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