trade
“Egypt is one of the main commercial and pivotal partners of Indonesia, and it is the main gateway for our products to enter Africa,” Ambassador of Indonesia said.
The report attributed this decline to a drop in the value of exports of certain commodities.
The agreement, which was signed in the Egyptian capital Cairo last year in November, states that the Chinese government shall hand its Egyptian counterpart a grant of 300 million Chinese yuan ($42.9 million).
He expressed his country’s readiness to support cooperation with Egypt to fight the Coronavirus and support economic efforts aimed at achieving the prosperity of the Egyptian people.
Prime Minister Mostafa Madbouli visited on Saturday the plants of SE Writing Systems and Uniliver Mashreq within a tour in a number of factories in 6th of October City.
In 2010, Egypt's strawberry exports did not surpass $11 million.
In its recent data released on Friday, the Chinese Ministry of Commerce said that China's exports to Egypt have hit 12.2 billion dollars, with a 1.8 percent rise on an annual basis.
The first phase will include Giza and Dahliyah governorates.
Kuwait has facilitated entry measures of Egyptian agricultural imports into its territories.
Chinese ambassador to Egypt held a video press conference on Sunday to reveal details of cooperation between both countries in the face of COVID-19 pandemic.
The ban takes place for three months.
The duration can be prolonged, if needed.
The meeting was attended by Minster of Trade and Industry Nevin Gamea and head of the Federation for Egyptian Industries (FEI) Mohamed el Sewedi.
They are made available at reduced prices.
Up to 13 complexes are being finished in 12 governorates, nine of them are in Upper Egypt and set to be finished by the end of 2020.
A statement released by CAPMAS said that trade deficit amounted to dlrs 3.45 billion in December, 2019, against dlrs 3.87 billion in the same month of the year before.
The deals included an agreement between the Arab Organization for Industrialization (AOI) and the National Academy of Sciences of Belarus.
In 2019, Egypt took over the presidency of the African Union for the first time since its founding in 2002. Cairo was keen on making a difference during that year for the continent and its own relationship with African nations.
They also tackled exchanging information in the counterterrorism realm.
Talks also took up the successful Egyptian experiment in promoting small-and medium-sized enterprises and economically empowering youth and women.