Publication Type: Reports & studies
Cluster: Shared Economic Prosperity
Keywords: Egypt, Employment creation, Free trade areas, Syrian arab republic, Textile industry, Trade liberalization
Impact of Free Trade Area between Egypt and the Syrian Arab Republic on the Textile and Garment Sector
This study attempts to assess the impact of the proposed free trade area between Egypt and the Syrian Arab Republic on the textile and garment sector, particularly in the light of the importance of that sector to the two countries in terms of providing employment opportunities and of the contribution to exports. The study aims to assist the two countries to benefit from the opportunities offered by trade liberalization and to maintain both their share of exports and their share in the local market subsequent to the planned termination of the quota system. Additionally, this study presents the lessons learned from the experience of a common market of four Latin American countries.