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Record Increase in Egyptian Exports to China in 2017

China really likes us now. They even have a replica of our sphinx!

In a meeting held between the Minister of Industry and Foreign Trade, Amr Nassar, and Cairo’s Chinese Ambassador Song Iqwa, the former revealed that Egypt’s exports in non-oil fields have reached a whopping $408 million, marking it as a 60% increase in 2017. This is compared to the $255 million record in 2016.

Nassar and Iqwa spent the meeting discussing future cooperation between the two countries, paving ways to promote the Egypt-China relationship in trade and industry, and economic relations.

“The current period is the appropriate time to pump Chinese investments into the Egyptian market in light of the political stability in Egypt and strong relationship between the two countries, in addition to the economic incentives that Egypt offers,” Nassar said in a statement.

Nassar also added that Egypt’s aiming to become China’s go-to in terms of trade and logistics, and that the products exported from China could enter Africa and Europe by passing through Egypt.

Egypt will be taking part of China’s International Import Expo in Shanghai this upcoming November, Nassar added.


Todays Events
Wednesday Night    Live @    CJC   610
Bars
Date: 11/14/2018
Time: 10:00pm - 2:00am
Venue: Cairo Jazz Club 610
11th Panorama of the European Film
Film
Date: 11/14/2018
Time: 10:30am - 12:0am
Venue: Cairo
Boogie Night   @ Cairo  Jazz Club
Bars
Date: 11/14/2018
Time: 10:00pm - 3:00am
Venue: Cairo Jazz Club
Noha Fekry @ Jazz Bar
Bars
Date: 11/14/2018
Time: 9:30pm - 1:00am
Venue: Kempinski Jazz Bar
Paper Trails II @ Gypsum Gallery
Exhibitions
Date: 11/14/2018
Time: 12:00pm - 8:00pm
Venue: Gypsum Gallery
The Dancing Canvases @ Mashrabia Gallery
Exhibitions
Date: 11/14/2018
Time: 11:00am - 9:30pm
Venue: Mashrabia Art Gallery
Alexandrian Dream @ Mashrabia Art Gallery
Exhibitions
Date: 11/14/2018
Time: 11:00am - 8:00pm
Venue: Mashrabia Art Gallery
Sir Richard Bishop @ ROOM Art Space
Concerts
Date: 11/14/2018
Time: 9:00pm - 11:00pm
Venue: Room Art Space