At a seminar on exports, an Arab Brazilian Chamber executive announced a mission to prospect business for the Egyptian chemical industry in Brazil this year.
Browsing: #Egypt
In a meeting, executives from both institutions discussed actions for Egyptian companies to explore the Brazilian market. USAID is a United States agency and supports small- and medium sized enterprises in Cairo.
The Egyptian government is encouraging the cultivation of crops such as soybean and maize to expand production and boost the local vegetable oil industry. Minimum price guarantees are expected to be implemented.
The country has boosted the efficiency of public companies to enter the first and second phases of its public offerings program this year.
From Egypt opening its market for Brazilian exports to the possibility of Egyptians selling to Brazil. The Brazilian agricultural attaché in Cairo, Cesar Teles, who is concluding his mission, and the new executive in the position, Rafael Mohana, told ANBA how trade has evolved and the prospects for the future.
The Egyptian company has Brazil among its main export targets for 2023, according to an interview businessman Khaled El-Haggan gave to ANBA.
Arab country aims to increase hotel capacity to accomodate more guests. Exchange rate decision from Russia, a country that sends out many tourists to Egypt, is expected to contribute to tourism.
Brazilian farmers want to cater to 20% of the Egyptian demand for imported cotton within two years. Agreement announced in January cleared exports.
Arab country discovered remains of a city from the first centuries of the Christian Era along the Nile, about 500 kilometers from Cairo.
Sold for higher prices, agricultural commodities accounted for 71% of the trade with the Arab countries in 2022. Sugar, poultry and iron ore were the leading items sold to the bloc.
Document was launched by the Egyptian Exporters Association, ExpoLink. The Arab Brazilian Chamber of Commerce participated in the celebrations of the silver jubilee of the association.
The country has invested in planting the crop conjoined with soybean. With estimates for a record harvest, specialists believe Brazilian producers will keep the buyers won over the last two years.
Egypt has announced the disbursement of USD 5 billion loans to industry and agriculture at an interest rate of 11%, down from 18%, with the state bearing the difference.
The Egyptian government is entering a new phase of rationalizing expenses, postponing new projects budgeted in dollars, and spending solely on essential needs.
