Egypt’s imports have declined by $7bn in the period from January to September, according to Minister of Trade and Industry Tarek Kabil. From January to September, Egyptian exports increased by $1bn compared to the same period last year, Kabil said. The meeting dealt with reviewing the export council plans, in light of each sector’s export achievements, as well as visualising the target plan for each council during the next phase. Head of the Engineering Export Council of Egypt (EEC) Amr Abu Frekhha said that the council aims to organise a conference on competitiveness in the field of engineering industries in November. The EEC plans to invite representatives from Indian engineering industries to identify their leading experience in developing this industry.

Source: Daily News Egypt October 23, 2016 13:18 UTC