Netherlands
Economic Relations
Monday، 09 November 2015 12:00 AM
Egypt and the Netherlands have distinguished economic and trade relations, where the two sides seek promoting it within the upcoming years. The trade volume mounts annually to about one billion Euros. The most important Egyptian exports to the Netherlands are vegetables, fruit, grains, petroleum and its products, yarn, carpets, ready-made clothes, iron and its products. On the other hand, the most important Dutch exports to Egypt are meat, fish and dairy, chemical and petrochemical products, oil, fertilizers, electrical and medical appliances. The Partnership Agreement between Egypt and the European Union concluded in 2004 contributed to promoting growth of bilateral trade relations.
The Netherlands considers Egypt as a promising market characterized by the presence of an internal major market on the one hand and a distinct role in the region on the other. The Netherlands is aware of the good investment opportunities in Egypt, particularly in the sectors of transportation, telecommunications, infrastructure, water, and agriculture. The Netherlands ranks sixth on the world list of countries investing in Egypt, where the Dutch investments in Egypt in 2008 valued about 6.5 billion Egyptian pounds, directed to the sectors of industry, agriculture, finance, services, constructions, tourism, communications and information.
On the other hand, the Netherlands' assistance to Egypt mounts to about 75 million euros annually. The Dutch Development Cooperation Programme with Egypt aims at helping achieve sustainable economic and social development. It is devoted to the implementation of projects in the areas of poverty alleviation, environmental protection, health improvement, creating equal opportunities for women, water resources management, human rights improvement and establishing democracy.
Agreement | Date of signature | Came into force |
Agreement on the Privileges and Immunities of the nationals and commercial vessels | 16/11/1886 | 16/11/1886 |
Agreement on Air Transport | 8/12/1949 | 20/9/1950 |
Agreement on Tax exemption for Air Transport Projects | 15/5/1957 | 1/1/1956 |
Cultural Cooperation Agreement | 8/12/1960 | 8/8/1962 |
Economic and Technical Cooperation Agreement | 10/5/1975 | 1/1/1978 |
Agreement on Technical Cooperation | 30/10/1976 | 14/6/1977 |
Agreement on Establishing a Dutch Institute of Archaeology in Egypt | 25/5/1983 | 13/12/1983 |
Executive Program of the Draft Horticultural Guidance Project | 31/12/1984 | 31/12/1984 |
Agreement on Securing the Suez Energy Project | 12/3/1987 | 5/7/1987 |
Executive Program of the Cultural Cooperation Agreement for the years 1996 / 1999 | 26/10/1995 | 26/10/1995 |
Agreement on the Promotion and Protection of Investment | 17/1/1996 | 20/1/1998 |
Memorandum of Understanding on Scientific and Educational Cooperation in Egypt and the Netherlands | 12/1/1998 | 21/1/1998 |
Agreement on the Avoidance of Double Taxation | 21/4/1999 | 20/5/20 |
Memorandum of Understanding on the Dutch Cooperation Program for the Promising Markets 1999 2000 | 21/4/1999 | 12/7/1999 |
Memorandum of Understanding on the Dutch Cooperation Program for the Promising Markets 2003 | 2/11/2003 | 2/11/2003 |
Social Insurance Agreement | 27/7/2003 | 1/9/2005 |
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