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Tuesday, 12 May 2020

Egyptian agricultural exporters lock down 20 new export agreements

Egyptian agricultural exporters have locked down 20 new export agreements in Saudi Arabia, the UAE, and some Southeast Asian and European countries, Agriculture Export Council head Abdel Hamid El Demerdash said, according to Al Shorouk. Egyptian exports have gained an edge over agricultural competitors from Turkey and Spain, who are faced with supply chain complications while they grapple with the pandemic. The new agreements are expected to help drive an anticipated 10-15% increase in demand for Egyptian agricultural products by the end of 2020.

Parliament wants to see more: Meanwhile, the House Industrial Committee is calling on the government to come up with a plan that takes advantage of the pressure on global supply chains to increase Egypt’s agricultural product exports, Al Mal reports.

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