In a press conference following the visit, the US ambassador pointed out that there are negotiations undertaken to diminish the contribution of Israeli components in raw material from 11.7% to 8% in the QIZ agreement. This will enable Egyptian exporters to effectively compete in the American market. . . He also added that the American embassy is due to prepare and organize the largest economical fair in Cairo in early January, 2008 for companies, Investors and businessmen To increase bilateral economic ties between Egypt and the united states. . . Source: Al Ahram Newspaper