Agreement

(SBU) SUMMARY: TWO YEARS AFTER THE SIGNING OF THE certifiable INDUSTRIAL ZONE (QIZ) AGREEMENT BY EGYPT, ISRAEL AND THE UNITED STATES, Egyptian QIZ EXPORTS ARE CONTINUING TO RISE SHARPLY. manufactory OWNERS ARE SCRAMBLING TO keep an eye on ENOUGH WORKERS TO STAFF THEIR NEW PRODUCTION LINES, EVEN AS THEY MOVE AHEAD WITH PLANS FOR FURTHER EXPANSION AND WORK WITH BUYERS TO turn away THE KINDS OF drudge PROBLEMS HINDERING JORDANIAN QIZ PRODUCTION. EGYPTIAN QIZ OFFICIALS FACE opposite PROBLEMS, INCLUDING CONTINUED MURMURS OF RESISTANCE TO TRADE WITH ISRAEL AND THEIR FAILURE TO NEGOTIATE A LOWER Israeli CONTENT REQUIREMENT, BUT EVEN SO THE AGREEMENT IS ENTERING ITS troika YEAR ON unfluctuating FOOTING. END SUMMARY. ¶2. (U) EGYPTIAN QIZ FACTORIES EXPORTED $178 MILLION IN GOODS TO THE UNITED STATES IN THE THIRD QUARTER OF 2006, A 51-PERCENT INCREASE all over THE THIRD QUARTER OF 2005. THE NUMBER OF EXPORTING COMPANIES ROSE TO 139, EMPLOYING WELL OVER c,000 EGYPTIANS. DURING THE LAST FOUR QUARTERS, EGYPTIAN QIZ EXPORTS TOTALED $571 MILLION, OR 22 PERCENT OF EGYPTS $2.6 BILLION IN EXPORTS TO THE UNITED STATES DURING THAT PERIOD. (NATURAL GAS CONTINUES TO BE EGYPTS LEADING EXPORT, REF A). NEARLY ALL OF THE QIZ EXPORTS WERE IN TEXTILES, predominantly PANTS USING ISRAELI CHEMICALS, ZIPPERS, PACKAGING MATERIALS, AND OTHER INPUTS.



downstairs THE TERMS OF THE AGREEMENT, EGYPTIAN EXPORTS FROM QUALIFIED FACTORIES MUST INCLUDE 11.7-PERCENT ISRAELI CONTENT TO BE EXEMPT FROM U.S. CUSTOMS DUTIES. ----------------------- COMPETITION FOR WORKERS ----------------------- ¶3. (SBU) QIZ FACTORY OWNERS REPORT THAT THEY HAVE TO COMPETE FIERCELY FOR WORKERS, OFFERING higher(prenominal) PAY, FREE LUNCHES, FREE TRANSPORTATION, TRAINING AND OTHER INCENTIVES, OFTEN LURING WORKERS out FROM THEIR COMPETITORS. EGYPTIAN QIZ LABOR cost RUN ABOUT $100 USD PER MONTH PER WORKER, WHICH IS COMPETITIVE INTERNATIONALLY, ALTHOUGH FACTORY OWNERS WORRY THAT IF LABOR COSTS CONTINUE TO RISE, SUB-SAHARAN AFRICAN COUNTRIES WITH DRAMATICALLY LOWER LABOR COSTS COULD...If you want to get a full essay, hostelry it on our website: Orderessay



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