The Export Development Authority discusses with the Venezuelan ambassador the export of 1,000 tons of Egyptian cotton

Published 2021년 6월 11일

Tridge summary

Egyptian Minister Mamdouh Salman and Venezuelan ambassador Wilmer Barrientos have discussed strengthening trade cooperation between Egypt and Venezuela, with a focus on importing 1,000 tons of Egyptian cotton. The two countries are also exploring the exchange of commercial information, expertise, and technical support through a memorandum of understanding. Additionally, they are considering the establishment of an Egyptian-Venezuelan joint business council and the establishment of a system for exchanging commercial opportunities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Minister Plenipotentiary Mamdouh Salman, head of the Export Development Authority, discussed with Wilmer Barrientos, the Venezuelan ambassador in Cairo, the strengthening of trade cooperation between the two countries, within the framework of the strategy of the Ministry of Trade and Industry to develop Egyptian exports and open new markets for exports. The authority indicated that the Venezuelan side expressed its desire to import 1,000 tons of Egyptian cotton. Initially, in addition to importing many Egyptian products such as iron, steel and medicines, in addition to exporting Venezuelan products, such as coffee, cocoa, and cloth. Minister Plenipotentiary Mamdouh Salman, head of the Egyptian Export Development Authority, stated that quantities can be contracted with the required specifications for the next season, due to the expiration of This year's season contracts, according to what was reported by the Egyptian Cotton Federation. He pointed out the need to provide the ...
Source: Amwalalghad

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