FINANCIAL NEWS

Moroccan-Egyptian trade records USD700m in 2016

08 Apr 2017

(MENAFN) An official at the Egyptian embassy in Rabat said that trade exchange between Morocco and Egypt had posted around USD700m during the previous year.

Nasser Ibrahim, commercial diplomat at the Egyptian embassy in Rabat said that Egypt’s exports to Morocco recorded USD425m while expectations of more growth to be posted in 2017.

Moreover, the forecasted growth is triggered by the Egyptian government”s plans to double the country”s exports to Africa’s countries.

Overall, the Egyptian Diplomat had made comments during the 7th International Exhibition for Plastic-Plast Expo, which started in Morocco in the first week of April.

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MENAFN0804201700450000ID1095377715

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