Egypt Ends Ban on U.S. Car Imports and Eases Rules for U.S. Dairy in New Trade Changes
Egypt has removed technical rules that made it hard to import fully built cars from the US. It also permanently ended the need for US dairy products to have halal certificates. This is part of a new set of rule changes, according to an official statement on Sunday.
Attracting More Foreign Investment
Egypt’s Prime Minister Mostafa Madbouly announced new reforms at the 2025 Egypt–U.S. Policy Leaders Forum. These changes are meant to strengthen trade and investment ties with the United States. They are also part of Egypt’s larger plan to bring in more foreign investment and make it easier to do business internationally.
Madbouly also shared that Egypt and the U.S. are working on a joint customs agreement to support trade between the two countries.
Supporting the Private Sector
Madbouly said that helping the private sector grow is a key part of Egypt’s economic plan. The government recently introduced a policy that explains which sectors it will slowly step away from. This gives investors a clearer idea of how the government’s role in the economy is changing.
At the same time, Egypt is focusing on improving the skills of its people, especially young people. This includes better education, job training, and promoting its Digital Egypt plan. The goal is to use new technologies like artificial intelligence, the Internet of Things, and blockchain in many industries.
Madbouly also said the government wants more partnerships between public and private sectors, especially in transport, renewable energy, education, and infrastructure. To help with this, Egypt launched the Golden License platform to make investing easier and cut down on red tape.
Egypt has also spent a lot on improving infrastructure. This includes building roads and railways, updating ports and airports, developing 24 new cities, expanding the Suez Canal, and creating the New Administrative Capital—all to make the country more attractive to investors.
Investment Numbers
Over 1,800 U.S. companies are currently working in Egypt. Together, they have invested more than $47 billion over the past 20 years. These investments are mainly in energy, industry, technology, finance, and healthcare.
2025 Egypt–U.S. Policy Leaders Forum
The forum started today to highlight the strong economic relationship between Egypt and the U.S. It runs for two days and focuses on improving trade and finding investment opportunities in areas like energy, digital technology, artificial intelligence, healthcare, supply chains, and tourism.
Top Egyptian officials, including the Deputy Prime Minister and key ministers, attended the event. The U.S. Ambassador to Egypt, business leaders from the American Chamber of Commerce, and executives from major U.S. companies also joined.
In his final speech, Madbouly encouraged more U.S. businesses to invest in Egypt. He pointed out the country’s large market and its key position as a trade center, supported by free trade deals that give access to over 1.5 billion consumers.
Published: 27th May 2025
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