News

Export Council for Food Industries launches an initiative to support Ugandan companies to supply their products to Egypt

Egypt
Uganda
Published Jun 16, 2021

Tridge summary

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 that do not have a local alternative, such as (butter and shea seeds - tea - coffee - avocado - pineapple). He explained that these products are used as primary inputs to industries. Food and cosmetic products industry in Egypt with the aim of developing intra-trade between the two countries, which was accepted and approved by the Ugandan business community.

Original content

In a statement today, the council indicated 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 global markets, including African markets due to their political and economic importance. He stated that Egyptian food exports to non-Arab African countries represent 11% of the total exports, with a value of 386 million dollars in 2020, out of the total exports of the sector for the same year, which amounted to 3.5 billion dollars. He pointed out that the visit included a visit by the Uganda Investment Authority, to review investment opportunities in Uganda, and answer the inquiries of Egyptian companies regarding customs duties and export requirements to Uganda. The retail markets and ...
Source: Amwalalghad
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