Expolink discusses with the Brazilian Chamber to increase Egyptian exports

Published 2021년 5월 5일

Tridge summary

The Egyptian Exporters Association (Expolink) held an electronic seminar to explore ways to increase trade with MERCOSUR countries, following the agreement with Brazil, Argentina, Paraguay, and Uruguay. The seminar highlighted the Mercosur agreement's potential to boost Egyptian exports, with customs reductions offering a competitive edge. The agreement, which has led to a doubling of Egyptian exports to these countries in the first year, is part of Egypt's strategy to increase exports to $100 billion. The products targeted for the Brazilian market include agricultural manufactured goods and fish. The Mercosur countries' imports are primarily for the food industry, with a significant portion being agricultural commodities. The full inclusion of commodity lists under the agreement is expected by 2026.

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Original content

The Egyptian Exporters Association - Expolink held an electronic seminar on promising opportunities to increase the volume of trade exchange between Egypt and the MERCOSUR countries within the framework of the agreement signed between Egypt, Brazil, Argentina, Paraguay and Paraguay, in cooperation with the bilateral agreements sector at the Ministry of Trade and Industry, the Arab-Brazilian Chamber of Commerce and the Egyptian Embassy in Brazil. Dr. Michael Gamal, Director General of Bilateral Agreements at the Ministry of Trade and Industry, and Trade Commissioner Nashwi Bakr at the Egyptian Embassy in São Paulo participated in the meeting on the digital platform of the Egyptian Exporters Association, Tamer Mansour, Executive Director of the Arab-Brazilian Chamber of Commerce. At the beginning of the meeting, Kamel Salem, an expert in the export development sector at the Egyptian Exporters Association, said that the Mercosur agreement is one of the promising agreements that have ...

Source: Akhbarelyom