Egypt-Belarus bilateral trade rises 68% in 2017 - Minister

Cairo – Mubasher: Trade exchange between Egypt and Belarus grew by 68% year-on-year during 2017 to $97.4 million from $58 million.

Egyptian exports to Belarus, represented in fresh fruits and vegetables, ready-made clothing, medicines, and electronics, rose by 47% last year, as compared with 2016, Egyptian trade minister Tarek Kabil said in a statement.

The North African nation’s main imports include iron and steel, vehicles, tractors, machines, equipment, plastics, fertilisers, and wood, Kabil highlighted.

The number of investment projects between both countries amounts to 19, including 14 industrial projects, he indicated.

He emphasised that there are many opportunities for collaboration between Egypt and Belarus in the fields of machines and equipment manufacturing, land reclamation, infrastructure development, roads’ construction, and scientific research.

The 5th session of the Belarusian-Egyptian joint trade Commission will be held in Cairo during the fourth quarter of 2018, the minister noted.

Mubasher Contribution Time: 04-Jun-2018 05:59 (GMT)
Mubasher Last Update Time: 04-Jun-2018 05:59 (GMT)