This came during discussions held via video conference organized by the Arab-Greek Chamber of Commerce under the auspices of the Union of Arab Chambers and the Greek Ministry of Maritime Affairs.

Hanafi said that 80% of the world trade is done by commercial shipping, adding that coronavirus had direct and indirect impact on world shipping.

Hanafi said that the ports of Port Said, Damietta and Alexandria in addition to the Greek Port of Piraeus succeeded in remaining open to shipping.

Hanafi said that the Egyptian economy was affected by the virus after a sudden stop of tourism, decrease of exports, decrease of remittances and decrease of the revenues of the Suez Canal.

Egypt progressed in the indexes of the logistics of the rising markets by the several structural reforms done by the Egyptian government that helped the stability of the economy and paved the way for the strong participation of the private sector.