Government TPR |
WT/TPR/G/367 |
G-III§1 |
Egypt |
2018 |
Trade Policy Framework |
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The GoE (Government of Egypt)’s near-term national development and economic growth goals are enshrined in its 2030 Sustainable Development Strategy (2030 SDS). The 2030 SDS is an integrated, holistic approach towards Egypt’s near-term sustainable development. At the macro-level, the strategy is constructed around three key dimensions: (1) economic, (2) social and (3) environmental. While ambitious, the 2030 SDS has been carefully crafted to ensure the feasibility of an accelerated near-term development plan while reflecting the evolution of national socio-political and economic priorities since Egypt’s most recent Trade Policy Review in 2005 and, more particularly, since 2011.
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Government TPR |
WT/TPR/G/367 |
G-III§3 |
Egypt |
2018 |
Trade Policy Framework |
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The ambitiousness of this real per capita GNI target by 2030 is supported by the robustness of the GoE’s unwavering political will. This political will is, in turn, reflected in a progressive policy mix that includes, among many other items, very large-scale national infrastructure projects across all of the major geographic regions of Egypt, an aggressively favourable posture towards the attraction of Foreign Direct Investment (FDI) and the considerable enhancement of a regulatory and business environment favourable to stimulate and sustain three drivers of rapid economic development and employment, while maintaining an environmentally sustainable economic model: (a) high-skilled knowledge-based innovation, (b) entrepreneurship and (c) the high-value-added manufacturing of goods with projected long-term growth in export demand and global consumption.
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Government TPR |
WT/TPR/G/367 |
G-III§4 |
Egypt |
2018 |
Trade Policy Framework |
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Other specific targets of the national economic vision intended by 2030 include (...) to lower overall energy intensity by 2030 in Egypt by at least 14%.
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Government TPR |
WT/TPR/G/367 |
G-III§23 |
Egypt |
2018 |
Sectors |
Other measures |
Manufacturing |
Relevant information
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Within the context of the 2030 SDS, near-term industrial policy seeks to (...) (3) to leverage energy efficiency within production processes as an instrument to enhance national competitiveness (...)
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Keywords
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Government TPR |
WT/TPR/G/367 |
G-III§25 |
Egypt |
2018 |
Sectors |
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Manufacturing |
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In line with the 2030 SDS, the GoE’s near-term industrial vision maintains a heavy focus on green initiatives and environmental sustainability. This includes a shift towards eco-friendly industrial parks, growth of the Green Economy and a gradual regulatory move towards the application of more protective environmental standards and rules within the context of energy efficiency, manufacturing processes and the efficient functionality of industrial goods.
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Keywords
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Green
Environment
Sustainable
Eco
Energy
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Government TPR |
WT/TPR/G/367 |
G-III§28 |
Egypt |
2018 |
Sectors |
General environmental reference |
Energy |
Relevant information
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In line with overall national economic policy under the 2030 SDS, Egypt is in the process of comprehensively reforming the energy sector (including petroleum, gas and electricity), with a view towards increasing energy security by improving efficiency, improving the overall economic model and substantially increasing the share of renewables in the energy mix. The strategy also aims to reduce greenhouse gas emissions generated by the sector by 10% and energy intensity by 14%, both by 2030. The objective is to ensure an uninterrupted, cost-efficient and environmentally-conscious supply of energy products to both businesses and households with a net energy surplus.
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Keywords
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Energy
Renewable
Green
Emissions
Environment
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Government TPR |
WT/TPR/G/367 |
G-III§29 |
Egypt |
2018 |
Sectors |
Investment measures |
Energy |
Relevant information
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Already, the elimination of a range of energy subsidies has served to launch the modernization of the economic model and unlock investment opportunities, while new investment in infrastructure (particularly in natural gas, electricity and nuclear) and regulatory reforms to stimulate investment in the renewable energy sub-sector have served to implement the policy, including through the establishment of the Egypt’s National Renewable Energy Authority (NREA). [18] Sustainable and environmentally-friendly technologies and approaches are an integral aspect of the policy.
[18] In 2014, Egypt also restructured the Ministry of Electricity and Energy into the Ministry of Electricity and Renewable Energy (MERE).
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Keywords
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Energy
Renewable
Environment
Sustainable
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Government TPR |
WT/TPR/G/367 |
G-III§30 |
Egypt |
2018 |
Sectors |
Income or price support |
Energy |
Relevant information
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A new regulatory framework for electricity which further opens-up the power generation and distribution markets has been in place since 2016; it allows contracts with durations of up to 25 years for special feed-in tariffs with both the private sector and public-private partnerships. This has stimulated the launch of substantial investment in the renewable energy sector.
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Government TPR |
WT/TPR/G/367 |
G-V§7 |
Egypt |
2018 |
Sectors |
General environmental reference |
Agriculture |
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As such, agriculture is a major focus of policy attention in Egypt both before and after 2005. In 2009, the GoE launched its Sustainable Agriculture Development Strategy 2030 (SADS 2030), which focuses on (a) the sustainable use of natural agricultural resources, (b) increasing land and water-use productivity, (...)
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Keywords
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Sustainable
Natural resources
Water
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Government TPR |
WT/TPR/G/367 |
G-V§13 |
Egypt |
2018 |
Trade Policy Framework |
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Relevant information
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Egypt continues to be an active and engaged participant in the preservation of the environment at the multilateral, regional and bilateral level, committed to international efforts to strengthen environmentally-sustainable policies in all areas, including those which are trade-related.
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Keywords
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Conservation
Environment
Sustainable
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