President of the Businessmen Association: A promising start to the winter season for Egyptian exports

Published 2020년 11월 28일

Tridge summary

The president of the Egyptian Businessmen Association, Ali Issa, is optimistic about the prospects for Egyptian exports in the upcoming winter season, expecting citrus fruit exports to match or exceed last year's figures, despite the challenges posed by the Covid-19 pandemic. However, the pandemic has negatively impacted the export of potatoes, due to the closure of tourism and restaurants, the suspension of student studies, and the suspension of late dues to exporters by the Ministry of Finance, which is causing liquidity problems for exporters and potentially driving them away from the market. Samir Al-Najjar, a board member of the association, has warned of significant losses for exporters and farmers, which could result in Egypt's withdrawal from the potato export market next year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Engineer Ali Issa, President of the Egyptian Businessmen Association, expressed his happiness with the winter season of Egyptian exports this year, saying: “The winter season for Egyptian exports is promising even though it is about to start. I expect that Egyptian citrus fruits will achieve the same levels of exports last year and may increase.” The achievement of this was linked to the failure of foreign markets to close as a result of the second wave of the Covid-19 pandemic, which may affect the export of some products such as potatoes, which were negatively affected by the first wave. "Easa" explained to "The Seventh Day", the reason why potatoes are negatively affected by the closure measures worldwide, saying: The cessation of tourism globally and locally, and the closure of restaurants - the two largest consumers of potatoes - as well as the suspension of studies that used to consume large quantities of fried potatoes, leading to Reducing the production of "chips" from ...
Source: Youm7

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