Trade pact makes Israel and Egypt closer neighbours
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ISRAEL and Egypt signed a three-way trade deal with the United States yesterday in a move that signalled a further warming of relations between the two neighbours and gave momentum to renewed hopes for peace negotiations in the Middle East.
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But the collaboration on the deal has contributed to improved relations between the two nations.
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JERUSALEM -- Egypt yesterday freed an Israeli convicted of spying, in exchange for the release of six Egyptian detainees in a prisoner swap that signaled warmer ties between the countries. The exchange added to the surge in regional diplomacy since Palestinian leader Yasser Arafat died last month.
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Israel's private Dorad Energy firm has signed a two billion-dollar deal for Egyptian natural gas with an Egyptian-Israeli consortium.
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Egypt sent a convicted Israeli spy  home after eight years in jail and Israel released six Egyptian  infiltrators on Sunday in a sign that relations strained by the  Palestinian uprising were warming.
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ATHENS, Aug 22 (IPS) - Greece and Egypt are now making good on a  two-year-old cooperation agreement to diversify trade relations  that could reduce Greece&#39s dependence on traditional -- but  tenuous -- energy supplies from European suppliers like Russia.
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SHARM EL-SHEIK, Egypt -- Israel and neighboring Arab heads of state yesterday achieved a rare moment of cooperation: a vow to bolster Palestinian President Mahmoud Abbas of Fatah and isolate his Hamas rivals.
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A trilateral economic agreement was signed today by Israel, the United States and Egypt in a ceremonious press conference attended by Egyptian Trade Minister Rachid Mohammed Rachid and Trade Minister Ehud Olmert.
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How did we get to this sudden moment of cautious optimism in the Middle East? How did we get to this moment when Egypt is signing free- trade agreements with Israel, when Hosni Mubarak is touring Arab nations
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Egypt and Israel sign a trade protocol with the US, allowing Egyptian goods made with the support of Israel free access to American markets.
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Egypt and Israel have agreed to an  exchange of prisoners -- Israeli businessman Azzam Azzam,  jailed for spying in 1997, for six Egyptian students arrested  in August, Egyptian security sources said on Sunday.
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Israel has agreed to let Egypt step up its military presence along its border with the Gaza Strip ahead of an Israeli withdrawal from the Palestinian territory set for next year.
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Rafah - Israel reopened the Rafah border crossing between the Gza Strip and Egypt on Monday after closing it last week ahead of Judaism&#39;s most solemn day, Yom Kippur, an Egyptian frontier guard said.
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Palestinians and Israelis have agreed in principle to proposals aiming to end their conflict, Egypt's official news agency MENA said Tuesday.
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In a clear sign of improving relations, Egypt released today an Israeli convicted of spying and Israel reciprocated by freeing six young Egyptians arrested in August after slipping into Israel&#39;s southern desert.
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Egypt, Israel, and the US have signed a Qualified Industrial Zones agreement that will allow Egypt to export certain goods duty-free to the US if they contain components made in Israel.
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A number of Egyptian overtures toward Israel this week are designed to prepare the Egyptian public and Arab world for better relations with the Jewish State, Israeli officials said on Wednesday.