FINANCIAL NEWS

Trade volume between Egypt, African markets hits USD4.8bn

13 Aug 2017

(MENAFN) Commercial ties between Egypt and African nations viewed an increase last year, while trade volume reached to almost USD4.8bn against USD4.5bn in 2015.

Accordingly, the increase in Egyptian exports was the major substance for the rise in the volume of trade exchange.

The coming African tour of President Al-Sisi to the nations of Tanzania, Rwanda, Chad, and Gabon will show an important step toward the increase of strategic ties between both sides.

Meanwhile, Egypt’s Ministry of Trade and Industry prepared plan to promote trade and investment ties with the African markets, as they are one of the most promising markets for Egyptian products.

MENAFN1308201700450000ID1095725332

MENAFN1308201700450000ID1095725332

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