Minister of Industry and Trade, Tarek Kabil, presents a new integrated plan for export development after a 14% increase in Egypt’s exports during the first four months of 2017 compared to 2016. The plan also focuses on the quality of exported products and on launching an online portal to be an information platform that will contribute to the promotion of Egyptian exports in foreign markets. These bodies include export councils and commercial services abroad, as well as business associations and industrial and commercial unions. Furthermore, the plan is imperative in opening new communication channels to increase Egyptian exports to West African markets to make use of the Mercosur Free Trade Agreement, which was recently activated with a number of Latin American countries. Head of New Export Development Authority Sherine Al-Shorbagi said that the work plan of the authority also includes a complete structural and institutional development through maximising the utilisation of capacities, upgrading the efficiency of existing services, developing 17 branches of the international trade point.

Source: Daily News Egypt May 30, 2017 15:09 UTC