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News

With a view to increasing trade exchange between Egypt and Brazil, the Authority receives the delegation of the Arab-Brazilian Chamber of Commerce

 

Today, the Chairman of the General Authority for Export and Import Control,   Eng. Essam Al-Najjar, received a delegation from the Arab-Brazilian Chamber of Commerce, represented by:  

  • Fernanda Platzar, Director of International Relations.
  • Michael Jamal Qadiz - Regional Director .
  • Rania Hercers - Director of Government Relations.

This came in order to activate the memorandum of understanding between the two parties signed with a view to increasing trade exchange and economic cooperation between Egypt, Brazil and the surrounding countries and removing all obstacles which hindering trade between the two countries, in the framework of the Ministry's concern  to create an atmosphere conducive to the common interests, supporting trade cooperation and facilitating the movement of goods and services, especially in the The agreement on free trade of Mercosur and the signing between Egypt, Brazil, Argentina, Uruguay and Paraguay has been in force since 2017.

The agreement is considered a starting point for cooperation between Egypt and Brazil, and the facilitation offered by GOEIC to the business community of Brazil was discussed in addition  to highlighting the size of the strong economic partnership between Egypt and Brazil, as Egypt was the main destination of  Brazilian exports during 2021 when the volume of international trade reached between Egypt and Brazil (2.717 billion dollars) , Egypt's imports from Brazil amounted  to 2,234 billion dollars .   

 It may be noted that the most famous imports from Brazil are maize - iron ore - cane sugar - soya beans - meat from Duke - pepper - drugs - coffee - tobacco - refrigerators - printing paper.

Egyptian exports to Brazil were also highlighted and obstacles were overcome, as Egypt's exports to Brazil reached $483 million in 2021.

The most famous Egyptian exports to Brazil are phosphate fertilizers – Preserved vegetables - urea – polychloride vinyl - potassium sulphate - glasses of glass porcelain - polyethylene - Braffin waist.   

At the end of the meeting, Chairman of the General organization for export and import control Eng. Essam Al Najjar expressed his thanks to the Brazilian delegation and said that GOEIC is ready to offer full support to facilitate trade between Egypt and Brazil.

date of publication : Thu,03 Mar 2022 02:13 pm
Last updated: Thu,03 Mar 2022 02:13 pm
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