المستخلص: |
The Arab Republic of Egypt and the European Union as key partners reaffirm their commitment to deepen their political, economic and social relations on the basis of their close cooperation and strategic partnership that has developed in the last few decades and within the framework of the Euro-Mediterranean Partnership and the Association Agreement embodying the objectives and principles of the Barcelona Declaration, and complementing its multilateral process. These include national priorities aiming to: improve quality of life and standard of living; increase employment opportunities and reduce unemployment; reduce poverty and expand the coverage of social security; increase rates of economic growth and investments; achieve a significant expansion in the production and exports capacities; improve industrial potentials; promote innovation. The European Neighborhood Policy and Egypt’s policy to deepen its relationship with the EU open New Partnership Perspectives: * The perspective of moving beyond the existing relationship to a significant degree of economic integration including through a stake in the EU’s Internal Market, which aims to promote the free movements of goods, services, capitals and persons. * The perspective of deepening trade and economic relations through the continued reduction of trade barriers on both sides, increased access to each others’ markets including in agriculture and services and continuous upgrading of economic legislations. This will stimulate trade and foreign direct investment and accelerate economic growth accompanied by a sufficient strengthening of the private sector and business conditions leading to a greater economic integration between Egypt and the European Union.
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