The free trade agreement came into force in 2017. Egyptian exporters like Delta Brothers and Oriental Fruits say, without it, breaking into the Brazilian market and competing on price with other countries would be impossible.
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An executive from Egypt’s Food Export Council, Heba Soheil, told ANBA that the institution is studying the areas with the most potential for exporting Egyptian products to Brazil.
For companies to qualify for tariff exemption or reduction in the Mercosur-Egypt trade, they need to issue a special certification. The matter was discussed in a meeting in the Arab Chamber.