Trade Min. cooperates with Expolink to set up export academy

CAIRO - 14 March 2022: Trade and Industry Minister Nevin Gamea said on Monday the Trade Ministry is currently cooperating with the Egyptian Exporters Association (Expolink) to establish the first academy for export in Egypt, wishing to launch the academy in the 47th Islamic Development Bank’s (IsDB) Board of Governors’ annual meetings, to be held in June.

 

Gamea's remarks came during her participation in the third meeting of the Governance Council of the Arab Africa Trade Bridges (AATP) Program in the presence of Planning Minister Hala El Said, Saudi Minister of Commerce Majid Al-Qasabi, Benin's Minister of Economy and Finance Romuald Wadagni, President and Chairman of the Board of Directors of Afreximbank Benedict Oramah, and CEO of the International Islamic Trade Finance Corporation (ITFC) Hani Sonbol.

 

Gamea stressed the importance of the AATP program in enhancing the trade exchange and investments among Egypt and Arab and African countries, pointing to its significant role in confronting the negative ramifications of the coronavirus pandemic.

 

The minister noted that the Harmonization of Standards for Pharmaceutical Products and Medical Devices in Africa initiative would have a great impact on boosting the African health sector and opening new horizons for trade and investment in the medium and long term.

 

The AATP program supported Egyptian exporters in cooperation with the related Egyptian bodies by holding two workshops in 2020 and a training course in 2021, the minister mentioned.

 

She affirmed the Egyptian government's keenness to benefit from the program to improve the capabilities of institutions concerned with developing exports, increase access to foreign markets, enhance the role of Egypt and Arab countries in global value chains, refine the skills of youth and women, and develop small and medium enterprises in the field of e-commerce, as well as mechanizing and digitizing business processes in vital sectors of Egypt’s foreign trade.