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Suit maker Bagir to extend its hands across Egyptian border
08 Jun '09
2 min read
A working relationship between the Middle East and Israel is possible and one innovative Israeli suit manufacturer has taken the initiative to extend its hands across the Egyptian border resulting in a union that is respectful, friendly and profitable.
The outreach has been successfully achieved by Bagir Ltd. by way of its newest sustainable tailored clothing called ECOGIR, which is made from recycled plastic bottles and is manufactured at Metco, a tailored clothing factory in Port Said. Fifty percent of what Bagir manufactures in Port Said is exported to the United States with the other 50% going to the UK market to such retailers as Sears (where ECOGIR(R) is sold), Brooks Brothers and Marks & Spencer.
The Middle East has long been known for its struggles and unsettled positions. For years, the U.S. has been on a mission to appease the discord, especially between Israel and its neighboring countries.
Offer Gilboa, CEO of Bagir states, "We are grateful to the Obama administration for showing support in this area and appreciate the new administration's effort in the regional peace process. Bagir has demonstrated a working relationship can not only be possible, but also profitable and congenial."
It all began in 2004, when the U.S. signed a historic trade partnership with both Egypt and Israel. The agreement, signed by then Egyptian Minister of Foreign Trade and Industry Rachid Mohammed Rachid and Israeli Vice Prime Minister Ehud Olmert, created Qualified Industrial Zones (QIZs) in Egypt, which allow for duty-free export of certain Egyptian goods that contain Israeli inputs to the U.S.
This was a result of President Bush's plan to promote closer U.S. trade ties with the Middle East, which strengthen development, openness, and peaceful economic links between Israel and its neighbors. These industrial zones create a daily opportunity to build business and personal relationships among Egyptians, Israelis, and Americans.
A strategic success, this collaborative partnership demonstrates a commonality that is on a political, environmental, and profitable front for all involved parties.
The outreach has been successfully achieved by Bagir Ltd. by way of its newest sustainable tailored clothing called ECOGIR, which is made from recycled plastic bottles and is manufactured at Metco, a tailored clothing factory in Port Said. Fifty percent of what Bagir manufactures in Port Said is exported to the United States with the other 50% going to the UK market to such retailers as Sears (where ECOGIR(R) is sold), Brooks Brothers and Marks & Spencer.
The Middle East has long been known for its struggles and unsettled positions. For years, the U.S. has been on a mission to appease the discord, especially between Israel and its neighboring countries.
Offer Gilboa, CEO of Bagir states, "We are grateful to the Obama administration for showing support in this area and appreciate the new administration's effort in the regional peace process. Bagir has demonstrated a working relationship can not only be possible, but also profitable and congenial."
It all began in 2004, when the U.S. signed a historic trade partnership with both Egypt and Israel. The agreement, signed by then Egyptian Minister of Foreign Trade and Industry Rachid Mohammed Rachid and Israeli Vice Prime Minister Ehud Olmert, created Qualified Industrial Zones (QIZs) in Egypt, which allow for duty-free export of certain Egyptian goods that contain Israeli inputs to the U.S.
This was a result of President Bush's plan to promote closer U.S. trade ties with the Middle East, which strengthen development, openness, and peaceful economic links between Israel and its neighbors. These industrial zones create a daily opportunity to build business and personal relationships among Egyptians, Israelis, and Americans.
A strategic success, this collaborative partnership demonstrates a commonality that is on a political, environmental, and profitable front for all involved parties.
Bagir Ltd
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