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News

In the attendance of Minister of Investment and Foreign Trade, the GOEIC participates in the third phase of “Egypt launches with Exports” Initiative in Damietta.

The GOEIC participated in the events of the third phase of "Egypt Launches with Exports" initiative in Damietta Governorate, that was inaugurated by Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, in the presence of Damietta Governor and President of Damietta University, and under the patronage of the Prime Minister Dr. Mostafa Madbouly.

The GOEIC’s participation comes with the Ministry of Investment and Foreign Trade’s efforts to engage directly with the business community across the governorates, recognizing companies’ needs and challenges faced them when initiating or expanding exports in line with Egypt Vision 2030 goals to enhance the competitiveness of the Egyptian economy.

Dr. Mohamed Farid confirmed that “Exporting is a workmanship” requiring knowledge, specialty, and qualification, stressing that the product quality is the true start for success in international markets. He also explained that a company's export capability depends on understanding target markets, required specifications and certifications, rules of origin, and the trade agreements that facilitate market access.

The Minister noted that the initiative moved from Gharbia to Port Said, then to Damietta in its third phase to engage with companies in their operational sites and address specific needs of each governorate based on the nature of its productive sectors. He emphasized that the Ministry works to increase the number of companies benefiting from export programs and services, open new markets for Egyptian products, in addition to building strong Egyptian brands capable of competing internationally.

In this context, the GOEIC’s participation stands out as one of the key entities concerned with supporting the foreign trade; whereas its services in the field of inspection, testing, and conformity certification linked with the companies’ needs to understand product technical requirements, thereby enhancing their readiness to compete and access markets.

The Minister reviewed the industrial and export capabilities of Damietta Governorate, referring to the rise in its non-petroleum exports from approximately $3.6 billion in 2024 to around $4.1 billion in 2025. He emphasized the importance of leveraging the governorate's production base and its closeness to Damietta Port to support companies want to export.

He emphasized that the initiative does not conclude with the end of the dialogue sessions, but it rather aims to transform the challenges raised by companies into clear follow-up points with the relevant authorities and measure the results thourgh increasing the number of exporting companies, boosting their export volumes, and facilitating their entry into new markets, via launching "It’s Your Right to Know" initiative.

The events witnessed presentations by the Ministry’s sectors, affiliated bodies, and partner entities, regarding services available to exporters, that included trade agreements and rules of origin, study of market and training, trade fairs and missions, and support programs, as well as financing and advisory services.

date of publication : Tue,22 Sep 2026 07:37 pm
Last updated: Tue,22 Sep 2026 07:37 pm
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