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Union of Chambers: Intensive meetings to develop commodity exports and attract investment


Engineer Ibrahim Al-Arabi, President of the General Union of Egyptian Chambers of Commerce and President of the African Union of Chambers of Commerce, Industry and Agriculture announced that the General Federation of Chambers of Commerce has launched a series of intensive international meetings to develop commodity exports and open new markets for Egyptian exports in addition to developing tourism relations with countries that started Opening travel to Egypt, in addition to studying attracting new direct international investments to the Egyptian market.

 

Al-Arabi said that these meetings come within the framework of the Federation of Chambers of Commerce plan to support the national economy to confront the third wave of the Corona pandemic, whose negative effects have begun to appear on international markets.

 

He explained in a statement that those activities included the organization of the Egyptian-Kazakhstan Business Forum in Sharm El-Sheikh in the presence of the Governor of South Sinai and the Deputy Trade Ministers from both sides and 120 Kazakh companies, the organization of the Egyptian-Croatian Business Forum in the presence of foreign ministers from both sides and 40 Croatian companies, and the Egyptian-Guinea Business Forum in the presence of the Foreign Ministers. And electricity, in addition to more than 10 virtual international conferences and exhibitions with China, the European Union, Ukraine, Korea and the countries of the Union of African Chambers, where direct investment opportunities, joint investment and Egypt's comparative advantages as a center for industrialization for export to free trade zones available to Egypt, which exceed 2.9 billion consumers, in addition to using the Suez Canal axis as a global logistics center.

 

Al-Arabi added that the coming period will witness more international events, as the union will participate this month with a delegation of 20 companies in the Egyptian Products Exhibition in Juba to open their markets for Egyptian products, and an Egyptian-African delegation will also participate in the fourth Belarus-African conference and exhibition in Minsk to discuss Opportunities to use Egypt as a manufacturing base for exporting Belarusian products to African markets within the framework of the African Continental Free Trade Agreement.

 

Next month, the Federation of Chambers of Commerce will participate in organizing the Egyptian-Polish Business Forum in the presence of deputy foreign ministers and 25 Polish companies in the fields of digital economy, transport, logistics and industry, which seek to invest in the Egyptian market, and it is scheduled to witness the signing of the establishment of the Polish industrial zone in the Suez Canal axis.

 

The Federation will also organize the Egyptian-Ukrainian Business Forum in cooperation with the Union of Ukrainian Chambers on the sidelines of the eighth meeting of the Ministerial Committee for Economic and Scientific Cooperation in the presence of the ministers of international cooperation from both sides, in addition to organizing a delegation of Egyptian companies accompanied by Foreign Minister Sameh Shoukry to Ukraine and Kazakhstan to promote Egyptian exports and attract New investments and support for the tourism sector.

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