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Agreement Essay

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Below is an essay on "Agreement" from Anti Essays, your source for research papers, essays, and term paper examples.

(SBU) SUMMARY: TWO YEARS AFTER THE SIGNING OF THE QUALIFIED INDUSTRIAL ZONE (QIZ) AGREEMENT BY EGYPT, ISRAEL AND THE UNITED STATES, EGYPTIAN QIZ EXPORTS ARE CONTINUING TO RISE SHARPLY. FACTORY OWNERS ARE SCRAMBLING TO FIND ENOUGH WORKERS TO STAFF THEIR NEW PRODUCTION LINES, EVEN AS THEY MOVE AHEAD WITH PLANS FOR FURTHER EXPANSION AND WORK WITH BUYERS TO AVOID THE KINDS OF LABOR PROBLEMS HINDERING JORDANIAN QIZ PRODUCTION. EGYPTIAN QIZ OFFICIALS FACE OTHER 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 THIRD YEAR ON SOLID 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 OVER THE THIRD QUARTER OF 2005. THE NUMBER OF EXPORTING COMPANIES ROSE TO 139, EMPLOYING WELL OVER 100,000 EGYPTIANS. DURING THE LAST FOUR QUARTERS, EGYPTIAN QIZ EXPORTS TOTALED $571 MILLION, OR 22 PERCENT OF EGYPT'S $2.6 BILLION IN EXPORTS TO THE UNITED STATES DURING THAT PERIOD. (NATURAL GAS CONTINUES TO BE EGYPT'S LEADING EXPORT, REF A). NEARLY ALL OF THE QIZ EXPORTS WERE IN TEXTILES, PREDOMINANTLY PANTS USING ISRAELI CHEMICALS, ZIPPERS, PACKAGING MATERIALS, AND OTHER INPUTS. UNDER 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 PAY, FREE LUNCHES, FREE TRANSPORTATION, TRAINING AND OTHER INCENTIVES, OFTEN LURING WORKERS AWAY FROM THEIR COMPETITORS. EGYPTIAN QIZ LABOR COSTS 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...

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"Agreement". Anti Essays. 18 Dec. 2018

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Agreement. Anti Essays. Retrieved December 18, 2018, from the World Wide Web: http://parimatch-stavka7.com/free-essays/Agreement-383056.html


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