Egypt, Australia Trade Volume Reaches $650M in 2023Source: www.export-egypt.com 11/20/2024, Location: Africa |
|
|
|
|
|
Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to $650 million in 2023.
This positive trajectory is driven by the growing demand for Egyptian agricultural products in the Australian market. Key Egyptian exports, such as citrus fruits, dates, and textiles, have gained significant traction in Australia, showcasing their high quality and international competitiveness. This expansion in trade reflects the strong economic ties between the two nations and the shared commitment to fostering mutually beneficial partnerships. The Egyptian Minister of Agriculture and Land Reclamation, Alaa Farouk, emphasized the importance of this growing relationship during his speech at Australia’s National Day celebration. He highlighted the joint efforts to attract Australian investments to Egypt and strengthen cooperation across various sectors, including politics, economics, and science. Additionally, both nations have been actively exchanging views on crucial regional and international issues. Beyond trade, Egypt and Australia are exploring opportunities to collaborate in tourism, archaeology, water management, and agriculture. Minister Farouk expressed optimism about elevating the bilateral relationship to new heights, establishing strategic partnerships that will drive prosperity for both countries. He attributed the progress in bilateral ties to Egypt’s robust infrastructure development, spearheaded by President El-Sisi’s leadership. This development has significantly enhanced Egypt’s ability to engage with global partners and facilitate trade and investment. In conclusion, Egypt remains committed to deepening its relationship with Australia and creating mutually beneficial opportunities for growth. The strong foundation of cooperation and shared interests positions the two nations for a promising future. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| 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 | 90 | |
