Exporter of Food Industries: An initiative to support Ugandan companies to export products that have no local Egyptian alternative

Published 2021년 6월 15일

Tridge summary

The Export Council for Food Industries in Egypt has launched a initiative to support Ugandan companies in exporting products for which there is no local Egyptian alternative, as part of efforts to develop bilateral trade between the two countries. A commercial mission from 14 of the council’s member companies was dispatched to Uganda to explore investment opportunities and review export requirements. Egyptian food exports to Uganda in 2020 amounted to $18.2 million, a growth of 16% compared to 2019. The council is hopeful for the quick announcement of the executive regulations of the Export Development Program, which includes a program to support shipping to Africa, to reduce the high shipping costs to African countries and increase the speed and regularity of shipping Egyptian goods.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Export Council for Food Industries, in cooperation with the Ugandan Chamber of Commerce and Industry, launched an initiative to support Ugandan companies in exporting their products from production inputs for which there is no local Egyptian alternative, such as (butter and shea beans - tea - coffee - avocado - pineapple) where these products are used as primary inputs for food industries And the manufacture of cosmetic products in Egypt with the aim of developing bilateral trade between the two countries, which has been accepted and appreciated by the Ugandan business community. The council indicated in a statement today that it had dispatched a commercial mission from 14 of the council’s member companies to Uganda during the period from May 31 to June 3 in cooperation with the Commercial Representation Authority, the Egyptian Commercial Office in Uganda and the Ugandan National Chamber of Commerce and Industry, as part of its efforts to develop exports. To various ...
Source: Youm7

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