{"id":648226,"date":"2017-05-31T03:57:25","date_gmt":"2017-05-31T03:57:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/31\/trade-ministry-to-implement-new-strategy-to-boost-exports\/"},"modified":"2017-05-31T03:57:25","modified_gmt":"2017-05-31T03:57:25","slug":"trade-ministry-to-implement-new-strategy-to-boost-exports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/31\/trade-ministry-to-implement-new-strategy-to-boost-exports\/","title":{"rendered":"Trade Ministry to implement new strategy to boost exports"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>The Trade Ministry is rolling out its new export promotion strategy,<\/strong> Trade Minister Tarek Kabil said on Tuesday, <a href=\"http:\/\/www.elborsanews.com\/2017\/05\/30\/1028063\">according to Al Borsa<\/a>. The strategy will be administered primarily through the <strong>newly-established Export Development Authority (EDA) and will include four primary pillars<\/strong>, the minister said. These include:<\/p>\n<ul type=\"disc\">\n<li>Cutting down on red tape and paperwork through a one-stop-shop policy;<\/li>\n<li>Improving the quality of exports;<\/li>\n<li>Launching an export-promotion portal;<\/li>\n<li>Encouraging exporters to participate in international fairs and expos. <\/li>\n<\/ul>\n<p><strong>Target geographies include Europe (a traditional export destination) as well as new<\/strong><strong>markets in West Africa and South America<\/strong>, the minister suggested, which will be served by new shipping lanes and logistics centers. Industrial training programs will be a key component of the quality improvement drive, he added. Kabil has also noted East Africa as a key target market in other recent remarks.<\/p>\n<p><strong>The EDA met with export councils and business associations in recent weeks <\/strong>to learn more about the challenges they face with exports and find solutions, EDA chief Sherine El Shorbagy said. Six major export councils had said <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/\">back in April<\/a> that they were formulating a collective strategy to improve Egypt\u2019s non-oil exports by 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trade Ministry is rolling out its new export promotion strategy, Trade Minister Tarek Kabil said on Tuesday, according to Al Borsa. The strategy will be administered primarily through the newly-established Export Development Authority (EDA) and will include four primary pillars, the minister said. These include: Cutting down on red tape and paperwork through a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648226","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"510eec87-3d79-4dd8-bf14-7292204834d4","order":"0","is_powered_by":true,"section_story_id":"61684082-34ca-4449-93de-eb5b8f73bdb8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648211],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trade Ministry to implement new strategy to boost exports - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/31\/trade-ministry-to-implement-new-strategy-to-boost-exports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trade Ministry to implement new strategy to boost exports\" \/>\n<meta property=\"og:description\" content=\"The Trade Ministry is rolling out its new export promotion strategy, Trade Minister Tarek Kabil said on Tuesday, according to Al Borsa. The strategy will be administered primarily through the newly-established Export Development Authority (EDA) and will include four primary pillars, the minister said. 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The Export Subsidy Fund\u2019s board of directors has agreed to a general strategy framework for reimbursements in an attempt to increase exports and improve the trade balance, according to a Trade Ministry statement (pdf). The new framework, which will come into effect in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652884,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/22\/trade-and-industry-ministrys-export-strategy-for-africa-shows-bns-in-missed-export-opportunities\/","url_meta":{"origin":648226,"position":1},"title":"Trade and Industry Ministry\u2019s export strategy for Africa shows bns in missed export opportunities","author":"enterpriseam admin","date":"22 January 2017","format":false,"excerpt":"The Trade and Industry Ministry has its strategy to develop export markets in Africa, said minister Tarek Kabil. The strategy has identified export opportunities worth approximately USD 18 bn dollars, which is five-fold the current value of our exports to the continent, Al Ahram reports. According to the strategy, Egypt\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651222,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/egyptian-export-promotion-center-becomes-trade-ministrys-top-authority-on-exports\/","url_meta":{"origin":648226,"position":2},"title":"Egyptian Export Promotion Center becomes Trade Ministry\u2019s top authority on exports","author":"enterpriseam admin","date":"7 February 2017","format":false,"excerpt":"The Trade and Industry Ministry expanded the role of the Egyptian Export Promotion Center, turning it into its top authority on export policy, Al Borsa reported. The center will take the lead on executing the ministry\u2019s strategy for boosting exports, according to Minister Tarek Kabil.","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644708,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/export-development-authority-rolls-out-five-year-strategy\/","url_meta":{"origin":648226,"position":3},"title":"Export Development Authority rolls out five-year strategy","author":"enterpriseam admin","date":"2 July 2017","format":false,"excerpt":"Export Development Authority rolls out five-year strategy: The Trade and Industry Ministry\u2019s 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\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625695,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/changes-to-import-export-regulations-and-industry-coming\/","url_meta":{"origin":648226,"position":4},"title":"Changes to import\/export regulations and industry coming","author":"enterpriseam admin","date":"13 August 2018","format":false,"excerpt":"Changes to import\/export regulations and industry coming? The Trade and Industry Ministry will look to amending Egypt\u2019s import\/export strategy \u201cto serve the development of domestic manufacturing,\u201d Minister Amr Nassar said at a presser on Monday, Amwal Al Ghad reports. The ministry is currently developing a new foreign trade strategy that\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650715,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/trade-and-industry-ministry-sees-egyptian-exports-rising-to-usd-34-bn-by-2020\/","url_meta":{"origin":648226,"position":5},"title":"Trade and Industry Ministry sees Egyptian exports rising to USD 34 bn by 2020","author":"enterpriseam admin","date":"30 March 2017","format":false,"excerpt":"The Trade and Industry Ministry sees Egyptian exports rising to USD 34 bn by 2020 from a current figure of USD 19 bn, Reuters reports. The Ministry says it has completed a strategy to grow exports \u201cthrough implementing specific export plans and policies and targeting new export markets,\u201d according to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=648226"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648226\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648211"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648226"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648226"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}