The Opportunities for Enhancing Economic cooperation and Agricultural Bilateral Trade between Egypt and Nile Basin Countries

Document Type : Research articles.

Author

Associate professor of Agric. Economics, Fac. of Agric., Fayoum Univ.

Abstract

Nile Basin Countries represent strategic importance to Egypt. So it is
inevitable to deal with the region from the perspective which depends on
linking the common interests of the ten Nile Basin Countries related to the
Nile waters. These should be based on maximizing the benefits of these
countries by creating mechanism for cooperation on economics and
agricultural bilateral trade between Egypt and Nile Basin Countries. So the
research was based on measuring the total and agricultural bilateral trade
between Egypt and Nile Basin Countries.
The results showed that during the period (2000- 2009) Egypt's exports to
each of: Sudan, Kenya and Ethiopia reached about 93% of the total Egypt's
exports and 49% of the total Egypt 's imports.
The statistical tests showed that, the best method to analyze gravity models is
panel Tobit with random effect, and using generalized method of moments.
The results showed that, an increase in GDP in Egypt and other countries
leads to an increase in Egypt's exports, while an increase in geographical
distance leads to a decrease in exports.
The study recommended developing infrastructure projects, studying the
internal market for Nile Basin Countries focusing on consumer behavior and
quality requirements of goods, and establishment common area of investment
among Nile Basin Countries.