Export Development Authority rolls out five-year strategy: The Trade and Industry Ministry’s Export Development Authority (EDA) has completed its new export promotion strategy for 2017-2023, Minister Tarek Kabil said on Tuesday, Al Shorouk reported. The strategy relies on streamlining export procedures, putting in place an authority to ensure the quality of exported products, increasing Egypt’s participation in international expos, and offering technical assistance programs to exporters. The EDA has also prepared a study on the performance of Egypt’s agricultural exports over the past three years to help exporters improve their operations, according to EDA head Sherine El Shorbagy. The agriculture and trade ministries had previously saidthey are planning to impose internationally quality standards after Saudi Arabia and other GCC countries banning imports of Egyptian strawberries and peppers.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…