President Bush has proposed the creation of a Middle East Free Trade Area (MEFTA) by 2013 to increase trade and investment with the United States and others in the world economy.
The United States currently has Free Trade Agreements (FTAs) with Israel, Jordan, and Morocco; FTA negotiations with Bahrain and Oman have been concluded; and FTA negotiations with the United Arab Emirates are underway.
The United States is working with Egypt's economic reform team to deepen our reciprocal trade relationship. In September, Ambassador Portman informed Congress that Egypt is one the four countries which the United States is currently considering as candidates for free trade agreements.
United States Trade Representative Office