Reshaping the Euro-Mediterranean relations became a necessity in the aftermath of the Arab Spring in several South Mediterranean Countries (SMCs), including Egypt. The objective of this paper is therefore to study the impact of Egypt-EU Association Agreement on the manufacturing sector and to point out industries with strong potential for export growth and job creation. We also analyze opportunities for enhancing Egypt-EU investment and trade and –eventually- paving the way for a Deep and Comprehensive Free Trade Agreement (DCFTA) in light of the urgent need for social justice in the region. This publication is available in English.