Egypt says no decision made on free trade zone in Gaza border yet

Ahmed Umran told that the proposal on opening a free trade zone was being examined on the grounds of finance and security by authorities and no decision was taken yet.

Egypt says no decision made on free trade zone in Gaza border yet

World Bulletin / News Desk 

Egyptian President Mohamed Morsi's advisor Ahmed Umran has said that no decision had been made yet on establishing a free trade zone on Gaza border.

Umran told AA correspondent on Friday that, the proposal on opening a free trade zone was being examined on the grounds of finance and security by authorities and no decision was taken yet.

He said that Egypt had been acting to burst the development in the whole country starting with Sinai, Upper Egypt, Nubia and the Nile Valley.

On the other hand, director of exporters union in North Sinai, Nagib Abu Hamid, said that they would send a delegation to Palestine in October in order to consociate with Palestine Chamber of Commerce. He said that they would discuss opening of free trade zones in Gaza and Rafah border gate and determine the goods to be exported to Gaza.

Responding the news that Egyptian administration was objecting to establishment of free trade zones, Abu Hamid claimed that de facto steps were already being taken on the issue by the designation of Karem Abu Salem, Rafah and Al Acra as border gates.

He said that Egypt's export value to Gaza through tunnels was 328 million USD and Gaza's import value through Israel was around 3 billion USD.

Israel has been imposing embargo on Gaza since 2007, the year Hamas came to power. Gazans have been meeting their basic needs through the tunnels they dig.

Egypt announced to level the tunnels at the border earlier but some of the tunnels continue to function.

Güncelleme Tarihi: 28 Eylül 2012, 15:38
YORUM EKLE