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close to zero under a shallow agreement. Given Egypt's highly diversified trading patterns, a shallow PTA with the European … Union could be merely diversionary, leading to a small decline in welfare. Egypt already has duty-free access to the …
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In the Mediterranean Basin two projects of economic integration overlap, namely the project of a Greater Arab Free Trade Area (GAFTA) and a process of economic integration of the European Union (EU), which neighbors into EU's Internal Market; the EU endeavors to strengthen cooperation with the...
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The path towards Arab and Euro-Mediterranean integration is challenging for all countries involved but the potential long term benefits are substantial. Multilateral trade initiatives which run parallel to "open" regional integration with the European Union and among Arab states can generate...
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