Palestine

Hamad: Egypt considers the creation of a trade exchange zone with Gaza


Palestinian deputy minister of foreign affairs Ghazi Hamad said the establishment of a trade exchange zone between Egypt and the Gaza Strip is still being studied by the Egyptian side.

Hamad stated in a press release on Saturday that the presence of such trade zone would liberate Gaza from its dependence on the Israeli economy.

The deputy foreign minister also expressed his belief that the Palestinian-Egyptian relationship will be restructured on solid foundations following the Egyptian revolution.

He added the political changes, which need some time to settle down, in Egypt do not pose an obstacle to the establishment of good relations of cooperation between the Palestinians in Gaza and Egypt, especially since Egypt played in the past a central role in the Palestinian cause.

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