News

Are Egypt's agricultural exports affected by the UAE's normalization with Israel?

Egypt
United Arab Emirates
Israel
Published Nov 18, 2020

Tridge summary

Egyptian exports to the UAE are facing a challenge during the coming period, with the beginning of the competition of Israeli products with the Egyptian product in the UAE market.

Original content

She wrote - Nermin Ibrahim: Two sources, related to the export process in Egypt, said that Egyptian products have a good reputation and a great demand in the UAE market, which makes them not affected much, but they will face challenges that require dealing with them. Israel had signed an agreement with the UAE, as part of the agreements to normalize relations between the two countries, to allow the export of Israeli agricultural products to the Emirati market, which resulted in the appearance of Israeli products in the UAE for the first time in history a few days ago. The UAE is one of the most important and largest importers of agricultural crops from Egypt, benefiting from the customs exemptions granted under the agreement to facilitate and develop trade exchange between Arab countries. According to the data of the Agricultural Crops Export Council, Egypt's exports to the UAE for the 2019-2020 season amounted to about 242,000 tons, valued at $ 176 million, in fourth place after ...
Source: EGmasrawy
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