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President Abdel Fattah El Sisi has approved Egypt's accession to the "Preferential Trade Agreement among the Eight Developing Countries" and its dispute settlement protocol, while retaining the ratification condition. This decision aims to incorporate Egypt into the legal and regulatory framework for preferential trade among these countries, enhance economic cooperation, and support the movement of trade among the members in accordance with the rules and commitments outlined in the agreement and protocol. This step is part of formal procedures enabling Egypt to benefit from the regulations and to strengthen trade relations with the eight developing countries.
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