The Revival of Industrial Policy: Implications for Global Competitiveness and Local Opportunities
Industrial policy encompasses government interventions designed to boost the competitiveness and growth of domestic industries through measures such as tariffs, trade restrictions, and subsidies.
“Maximizing Gains: Top Beneficiaries of Free Trade Agreements Worldwide”
In this interconnected global economy, free trade agreements (FTAs) serve as an essential instrument for companies aiming to expand their scope and maintain a competitive edge in the international marketplace. By minimizing tariffs, simplifying customs processes, and enhancing market entry, FTAs open doors to new growth opportunities. Beyond just easing trade, these agreements drive economic integration and liberalization , offering crucial protections for investors and intellectual property rights, among other key benefits .
Boosting Exports
The Euromed Trade Helpdesk
as a Gateway for Egyptian Businesses
The Euromed Trade Helpdesk is a comprehensive tool consolidating key features and information from various ITC Market Analysis tools into a single platform. Its user-friendly interface ensures easy navigation, allowing even non-experienced users to access the information they need quickly and efficiently.
Connecting Continents
Egypt’s Stronghold in Global Shipping Networks
In today’s interconnected world, a country’s connectivity is the backbone of its international trade and investment capabilities. The extent to which economies are linked within global trade networks directly influences trade costs, competitiveness, and participation in regional and global value chains. This intricate web of trade-supporting networks—spanning shipping, logistics, and data infrastructure—owes much of its efficacy to strategic investments in seaports, roads, railways, and airports.
What Do Exporters Want? It is time to cease redeveloping export-boosting strategies.
There is a consensus today among all segments of society, including thinkers, researchers, decision makers and even the citizen, on the need to rely on more sustainable resources for foreign exchange, due to the economic crisis experienced by the Egyptian economy, which resulted in unprecedented increases in the level of prices and a significant devaluation in the value of the currency and widened the gap between the official exchange market and the parallel market.Everyone, led by the political leadership of the state, has come to advocate the need to boost exports. The Egyptian government has already announced since the COVID-19 crisis its aim to increase Egyptian exports to various international markets to reach USD 100 billion annually through the promotion of the Egyptian product, increasing its competitiveness and opening new markets for Egyptian products, in addition to providing all aspects of support to exporters, which is not far away. With this Egypt can go beyond this goal.
The Effects and Implications of Applying the Carbon Border Adjustment Mechanism (CBAM) on Egyptian Exports
The phenomenon of climate change is one of the most important environmental problems resulting from increasing in human activities and consumption of non-renewable energy, which poses numerous threats to the global economy, international security, and the development of societies. As world is experiencing unprecedented rates of global warming and rising temperatures, 197 countries adopted the Paris Agreement during the 21st Conference of Parties (COP21) in 2015; To address climate change and its negative impacts. The agreement aims to limit global warming by ensuring that the increase in the global average temperature remains well below 2°C and striving to limit it to 1.5°C.[1] Fifty countries have also adopted carbon pricing[2] mechanisms, yet the average global carbon price currently stands at approximately two dollars per metric ton of CO₂ .
How Can Egypt Benefit from The US-China Trade War
Trade War Background
Since 2018, a trade dispute started between the two rivals, the United States (US) and China. The beginning was with Trump administration imposing tariffs on Chinese imports worth at least USD 50 billion . Correspondingly, China imposed retaliatory measures on a range of US products .
After the two countries launched their tariff war, prices increased, especially for American consumers, jobs were lost, and corporate profits dropped. Moreover, the two countries witnessed a slowdown in economic growth .
