19 September 2018 10:53 PM

Economic relations

Thursday، 05 November 2015 12:00 AM

The bilateral economic and trade relations witnessed continuous recession during the years following the collapse of the Soviet bloc, despite the two countries concluding agreements and protocols on organizing trade and economic exchange, but the trade volume remained modest despite the increment which reached 100 million dollars in 2008, its majority is Bulgarian exports (according to the Bulgarian Ministry of Economy and Energy statistics). The statistics in Egypt indicate that the trade volume during 2008 reached 75 million dollars, including 34.29 million dollars Egyptian exports to Bulgaria for 39.52 million dollars Bulgarian imports. The value of Egyptian exports from January to August 2009 reached 17.727 million dollars for 101.193 million dollars Bulgarian imports.

The most important Egyptian imports are: equipment, electrical devices, wood, machine spare parts, food and milk products, while most important Egyptian exports are: metal products, yarn products, some crops and rice, textiles, and road salt.

Contractual Framework

 Agreement
Signature Date
Enforcement Date
Agreement on Air Transport
9/7/1959
17/6/1960
Agreement on the Settlement of Claims and Rights
6/5/1964
10/6/1965
Agreement on Scientific and Technological Cooperation
13/10/1965
31/7/1966
Agreement on Media Cooperation
12/2/1967
12/2/1967
Agreement on Technical Cooperation in the field of Agriculture
4/3/1971
4/3/1971
Long-term Trade Agreement and an annexed  Protocol
28/11/1976
29/12/1977
Protocol on Health Cooperation
9/7/1986
9/7/1986
Agreement on Cultural and Scientific Cooperation
15/3/1998
27/3/2000
Trade Agreement
15/3/1998
15/2/1999
Tourism Agreement
15/3/1998
27/3/2000
Agreement on Promotion and Protection of Mutual Investments
15/3/1998
3/6/2000
Agreement on Agricultural Cooperation
15/3/1998
6/12/2001
Agreement on the Avoidance of Double Taxation and the Prevention of fiscal Evasion
5/6/2003
9/5/2004
Agreement on Security Cooperation
8/6/2003
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 - Memorandum of Understanding signed between the Egyptian National Library and National Library in Bulgaria, April 2007.
- Documents signed on the sidelines of the Bulgarian President visit to Egypt, 13-15/4/2008.
- Protocol amending the Convention on the Protection and Promotion of Investment.
- Memorandum of Understanding in the field of Military Production.
- Memorandum of Understanding on Cooperation in the field of Irrigation.

 

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