20 January 2018 04:58 AM

Economic Relations

Monday، 04 January 2016 12:00 AM

The balance of trade for is in favour of Zambia with a surplus of 91.157 million dollars, the volume of Egyptian exports to Zambia in 2009 amounted to 15.315 million dollars (an increase of 6.2% compared to 2008), while the Egyptian imports from Zambia in 2009 reached 106.472 million dollars.

EgyptAir re-operated the air route connecting Cairo and Lusaka, and the first EgyptAir plane landed at Lusaka airport on January 17th, 2010, amidst the welcoming and hospitality of the Zambian side.

EgyptAir has currently four flights a week between Cairo and Lusaka.

The most important Egyptian exports to Zambia: electricity meters and parts, receivers television, urea, electric cable, food products, juices, tires, medicines, tires, medical products, cosmetics, paper products, textiles, carpets, paints, chemicals, construction, ceramics, and sanitary ware.

The most important Egyptian imports from Zambia: copper, small quantities of tobacco, wood and wood products.

Contractual Framework

  • Trade Agreement: signed on 02/12/1995 during the first session of the Joint Committee between the two countries in Cairo, but not ratified by both sides.
  • Agreement on economic and technical cooperation: signed on 02/12/1995 during the first session of the Joint Commission between the two countries, but not ratified it yet, it was agreed the two sides during the second session of the Joint Committee in Lusaka on 27 – 28 April 2000 to initiate the exchange of the ratification of the Trade Agreement and the Agreement on Economic and Technical Cooperation.
  • Memorandum of understanding for cooperation between the point of trade between Egypt and the Council of Zambian exports: signed on 9/7/1999.
  • Cooperation Agreement between the General Federation of Egyptian Chambers of Commerce and founder of Chambers of Commerce and Industry of Zambia: signed through the exchange of letters (Cairo, 13/9/1999, Lusaka, 26/09/1999).
  • Agreement on investment promotion and protection: signed in Lusaka on 28/4/2000 during the second session of the Joint Commission.
  • Memorandum of Understanding between the Egyptian Ministry of Electricity and Ministry of Energy Zambia: signed on 28/3/2000 in Cairo.
  • Protocol on cooperation in the field of media: signed in Cairo on 18/6/1997 between the Union of Egyptian Radio and Television and the Zambian Ministry of Information in the exploitation of the moon channels Egyptian space.
  • Protocol of cooperation in the field of Education and Culture: signed in Cairo on 18/6/1997.
  • Protocol of cooperation between Ain Shams University and the University of Zambia: signed in April 2000 in Lusaka.
  • Protocol sisterhood between the Faculty of Medicine Ain Shams University Faculty of Medicine, University of Zambia: signed in April 2000.
  • Agreement on the establishment of joint farm in Zambia between the Zambian Ministry of Interior (IPS) and the Egyptian Ministry of Agriculture: signed during the third session of the Joint Committee in Cairo on 24/5/2006.
  • Agreement on technical cooperation between the Egyptian Fund for Technical Cooperation with Africa and the Zambian government: signed during the third session of the Joint Committee in Cairo on 24/5/2006.
  • Memorandum of Understanding between the Ministries of Foreign Affairs: 24/05/2006 signed in Cairo, the third session of the Joint Commission.
  • Memorandum of Understanding between the Ministries of Sport: 24/05/2006 signed in Cairo the third session of the Joint Commission.
  • Memorandum of Understanding between the Egyptian Ministry of Electricity and the Ministry of Energy Zambia: signed on 24/05/2006 in Cairo.
  • Memorandum of Understanding between Ministry of Foreign Affairs Arab Republic of Egypt (Institute of Diplomatic Studies) and Ministry of Foreign Affairs of the Republic Zambia: signed in Lusaka 17/06/2010.
  • Memorandum of understanding on tourism co-operation: signed in Lusaka 17/06/2010 fourth session of the Joint Commission.
  • Memorandum of understanding to enhance cooperation in the field of mineral wealth: signed in Lusaka 17/6/2010 fourth session of the Joint Commission.
  • Memorandum of Understanding for Cooperation on Agriculture, Land and Livestock and Fisheries: 17/06/2010 signed in Lusaka the fourth session of the Joint Commission.
  • Memorandum of Understanding in the area of the rural community activities and voluntary: signed in Lusaka 17/06/2010 fourth session of the Joint Commission.
  • Memorandum of Understanding in the field of scientific and technological cooperation: 17/06/2010 signed in Lusaka fourth session of the Joint Commission.
  • A memorandum of understanding economic and technical: signed in Lusaka 17/06/2010 fourth session of the Joint Commission.
     

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