19 September 2018 07:38 AM

Economic Relations

Monday، 16 November 2015 12:00 AM

Bilateral trade exchange is relatively small, and tends to Slovakia's favor in general, taking into account that its increased value during the past years was partly due to the low value of the dollar against the former Slovak currency (Koruna). In spite of that, the volume of the Egyptian exports to Slovakia reasonably increases annually, although the total value is still limited.

One of the main items of the Egyptian exports during the past two years were electrical equipment and machinery, inorganic chemicals, clothing, accessories, cotton, vegetables, fruits and foods.

The most important Egyptian imports from Slovakia are iron and steel, cars and railways' parts and components, organic chemicals, paper and cardboard, optical instruments, measuring and photographing equipment.

Period

Slovak Exports to Egypt

Egyptian Exports to Slovakia

Total Trade Volume

Trade Balance

2004

11.9

7.3

19.2

+4.6

2005

30

11.3

41.3

+18.7

2006

33.5

16.5

50

+17

2007

54.1

16.6

70.8

+37.5

2008

65.2

21.4

86.6

+43.8

January – June 2009

12.9

13.8

26.7

-0.9

 

(in favor of Egypt)

 

Contractual Framework

Document

Date and Place of Signature

Agreement on the settlement of debts due to Slovakia for 1993/1994

17th February 1994

Protocol on Cooperation and Consultation between the Foreign Ministries

June 1994 – Cairo

Agreement on Visa Exemption to bearers of diplomatic, special and service passports

June 1994 – Cairo

Agreement on cooperation between the General Federation of Egyptian Chambers of Commerce and the Slovak Chamber of Commerce and Industry

November 1994 – Cairo

Protocol on cooperation between the Universities of Cairo and Bratislava

January 1995 – Cairo

Agreement on joint cooperation in scientific, educational, cultural and sports fields

12th December 1995 – Cairo

Executive Programme for cooperation in fields of education and scientific research

24th May 1998 – Cairo

Protocol on cooperation between Universities of Ain Shams and Bratislava

---

Protocol on cooperation between the Ministries of Agriculture

October 1996 – Cairo

Protocol on cooperation in the field of Veterinary Medicine

October 1996 – Cairo

Protocol on cooperation between the Egyptian Radio and Television Union and the Slovak Television

March 1997 – Cairo

Protocol on technical cooperation between the Administrative Control Authorities

April 1997 – Bratislava

Agreement on cooperation in fields of acquainting workers with their labor rights, between the Union of trade and tourism members in Egypt and Slovakia

--

Memorandum of Understanding between the General Organization for Exhibitions and International Fairs and Bratislava Exhibitions Company

--

Agreement on guaranteeing the exchanged exports returns between the Egyptian Company for Exports Insurance and Slovak Eximbanka

January 2001 – Cairo

Protocol on cooperation between Universities of "Matej Bel" and "Ain Shams"

February 2001 – Cairo

Agreement on the Egyptian-European Association

25th June 2001

Agreement on cooperation between the Interior Ministries in the two countries on combating organized crime

January 2004 – Bratislava

Agreement on cooperation between the Bibliotheca Alexandrina and the University Library in Bratislava

24th September 2003

Agreement on scientific and technological cooperation

27th February 2007

Executive programme on cultural cooperation (2007-2009)

April 2008

Protocol between the Egyptian General Syndicate for Workers in Health Services and the Slovak Syndicate of Health and Social Services

October 2008

 

Agreements still being finalized between the two countries

Draft bilateral agreement on mutual encouragement and protection of investments

Agreement on cooperation between the Egyptian and Slovak Ministries of Defense

The Executive Programme for cooperation in the fields of education and science

Memorandum of Understanding on Tourism Cooperation

Memorandum of Understanding between the Slovak Ministry of Economy and the Egyptian Ministry of Trade and Industry

Draft Agreement on Economic Cooperation

Agreement on the Prevention of Double Taxation

 

 

Most Visited

From To