Cairo – Mubasher: Egypt has completed the phase-out of tariffs imposed on Turkish imports under the Free Trade Agreement (FTA) signed between the two countries.

As of 1 January 2020, all tariffs on imports coming from Turkey will be scraped, the Egyptian Customs Authority said in a statement on Wednesday.

In December 2005, Egypt and Turkey signed the FTA which stated that tariffs between the two countries will be phased out to zero by 2020.

In addition, Egypt’s agreement with the European Free Trade Association’s (EFTA) member states, including Iceland, Liechtenstein, Norway and Switzerland, stated that tariffs on imports from EFTA's countries will also be phased out gradually to zero by 2020.