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

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 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.

Original content

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 global markets, including African markets due to its political and economic importance. He added that Egyptian food exports to non-Arab African countries represented 11% of the total exports, with a value of $386 million in 2020, out of the sector’s total exports for the year, which amounted to $3.5 billion. He pointed out that the visit included a visit by the Uganda Investment Authority, to review investment opportunities in Uganda, and answer inquiries from Egyptian companies regarding customs duties and export requirements to Uganda. Competition, and visiting wholesale markets ...

Source: Youm7