EFTA has concluded bilateral agreements with the following countries – including dependent areas – and blocs: Egypt has traditionally been one of India`s main trading partners on the African continent. The bilateral trade agreement between India and Egypt has been in force since March 1978 and is based on the most-favoured-nation clause and our bilateral trade has more than quintupled in the last ten years. According to egypt`s Central Mobilization and Official Statistics Authority (CAPMAS), India was Egypt`s 9th largest trading partner in the 2018-19 fiscal year. It was the 8th largest importer of Egyptian goods and the 10th largest exporter to Egypt at the same time. The People`s Republic of China has concluded bilateral trade agreements with the following blocs, countries and their two special administrative regions: I write the following agreements concluded between us during our discussions on Article 4 of the Egypt-India Trade Agreement: (i) Egypt will grant India most-favoured-nation treatment with respect to imports and exports. In particular, India will receive treatment that is no less favourable than that accorded to France, Italy and other countries with which Egypt has payment agreements. (ii) India will also grant most-favoured-nation I to Egypt for imports and exports. The above agreement shall not affect the granting or maintenance of: (a) any advantages granted by one of the Parties to neighbouring countries. For Egypt, the term ”contiguous countries” will include the member countries of the Arab League and, for India, Afghanistan; (b) benefits arising from a customs union or free trade area to which Egypt or India is or may become a party; and (c) the advantages granted by India to certain States bordering the Indian Ocean with respect to goods carried by land vehicles. 2. 1 welcomes the confirmation that this letter correctly sets out the agreements we have reached with regard to the above issues.
No no. 5 Cairo, 8. July 1953 MY Dear Ambassador With reference to Article 1(2)(a) of the Egypt-India Trade Agreement, I welcome your confirmation that the provisions of this paragraph would not preclude India, in practice, from presenting the advantages that India has brought to other countries under a multilateral economic agreement aimed at liberalising the conditions of international trade. . . .