Tarek Qabil: Sisi's Visit to Hungary Promotes Egyptian Economic Ties with Eastern European StatesSource: www.export-egypt.com 7/4/2017, Location: Africa |
|
|
|
|
 Egyptian Trade Minister Tareq Qabil deemed President Abdel Fattah El Sisi's current visit to Hungary as a major stride in promoting Egypt's economic and trade ties with Eastern European countries.
In statements to reporters Qabil said that President Sisi's attendance of the Egyptian-Hungarian business forum in Budapest showed that the Egyptian leadership gives priority to the economic file, a matter that encouraged Hungarian investors to do business in Egypt in the coming stage. Qabil stressed the importance of the forum in consolidating economic cooperation and beefing up trade exchange between Cairo and Budapest. As for trade exchange between the two countries, Qabil said that Egypt's exports to Hungary increased by 198 percent in the first quarter of 2017. Several Egyptian products, including fertilizers, have for the first time invaded the Hungarian market, he said. The new Egyptian industrial investment map, which will be fully launched in September, reveals promising industrial investment opportunities in Egypt, Qabil said. By the end of 2016, the Trade and Industry Ministry launched its Industrial Development and Foreign Trade Strategy 2020 which is in line with Egypt's Sustainable Development Strategy Vision 2030, Qabil said. The new strategy involves the contribution of the industrial sector to GDP by 21 percent, with a growth rate amounting to 8 percent, Qabil said. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.
Egypt’s pavilion has more than... |
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
|
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
Egypt >> 9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.
E... |
|
Egypt >> 9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
|
Egypt >> 9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...
|
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | |
