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Egypt approves trade pact with developing nations
President Abdel Fattah El-Sisi has approved Egypt's accession to the "Preferential Trade Agreement among the Eight Developing Countries" and its dispute resolution protocol, through Presidential Decree No. 24 of 2026, whose text was published in the Official Gazette. This comes after the approval of the Council of Ministers and the approval of the House of Representatives in June 2026, with the condition of ratification. The agreement aims to strengthen trade cooperation between Egypt and the eight developing countries and to establish specific mechanisms for resolving economic disputes.
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