Elsewedy Electrometer plans to spend USD 3 mn this year expanding its business in Brazil, Chairman & CEO Emad Elsewedy tells Zawya. The company manufactures electricity, gas and water products, including smart meters, which it currently exports to 46 countries around the world. Elsewedy says the Brazilian market has “huge” potential, which will increase thanks to the Egypt-Mercosur trade agreement, which has been in effect since September 2017.

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