By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
    TikTok updates its community guidelines
    March 23, 2023
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    March 23, 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    March 23, 2023
    EFG Hermes records EGP 11bn revenue in FY22
    EFG Hermes records EGP 11bn revenue in FY22
    March 23, 2023
    Egyptian Environment Minister discusses cooperation with WFP representative in Cairo 
    Egyptian Environment Minister discusses cooperation with WFP representative in Cairo 
    March 23, 2023
  • Politics
    PoliticsShow More
    Egypt's Health Minister discuss bilateral cooperation with an Italian delegation 
    Egypt’s Health Minister discuss bilateral cooperation with an Italian delegation 
    March 23, 2023
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    March 22, 2023
    Turkish President  Recep Tayyip Erdoğan and Egypt President Abdel-Fattah Al-Sisi met in Doha
    Opinion| Türkiye and Egypt: For better times with many opportunities
    March 22, 2023
    Drought caused 43,000 deaths in Somalia in 2022: UN
    Drought caused 43,000 deaths in Somalia in 2022: UN 
    March 22, 2023
    Opinion| The Chinese dragon occupies America's place in the Middle East
    Opinion| The Chinese dragon occupies America’s place in the Middle East
    March 22, 2023
  • Interviews
    InterviewsShow More
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    December 27, 2022
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: FEC to receive delegation visiting local factories in November: executive director
Share
Notification
Latest News
Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
EFG Hermes records EGP 11bn revenue in FY22
EFG Hermes records EGP 11bn revenue in FY22
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Trade > FEC to receive delegation visiting local factories in November: executive director
Trade

FEC to receive delegation visiting local factories in November: executive director

Omar Abdel Hamid
Last updated: 2017/10/08 at 3:43 PM
By Omar Abdel Hamid 4 Min Read
Share
Manar Nasr, the executive director of the FEC
SHARE

The Food Export Council (FEC) will receive next month a trade delegation representing more than 15 countries to visit the local factories to see their productive capacities and their commitment to international standards.

Manar Nasr, the executive director of the FEC, said the council is working to increase exports and open new markets for Egyptian products as part of the state’s strategy to maximise the return on exports.

She pointed out that the economic decisions taken by the government in the last period will have a positive return on exports in the medium and long term, especially with regards to the liberalisation of the exchange rate, which gave Egyptian products a competitive advantage in global markets.

She added that the council works on several axes for the development of exports, most notably the participation in foreign exhibitions: Anuga, Sial, and Gulfood. Moreover, she pointed out, the Egyptian pavilion at the exhibition of this year includes more than 87 companies, including 68 ones under the FEC and 19 countries under the Agriculture Export Council.

She noted that Gulfood Dubai has witnessed a great number of Egyptian companies. The number of participants in the Egyptian pavilion has reached 130, next to 50 others on the waiting list.

Moreover, Nasr said the promotional missions carried out by the council with a number of companies are aimed at opening up new markets to companies and introducing the quality of Egyptian products.

She added that the council is also working to bring foreign buyers away from competition in the exhibitions to get to know more about Egyptian products. A delegation representing more than 15 countries from Europe, America, Canada, and Africa will visit Egyptian factories to learn about the quality standards they follow in food safety.

US and European companies are interested in the agricultural processing sector, while African companies are focusing on visiting confectionery and juice factories, she said.

She affirmed that the council is participating for the first time in the international trade fair “PLMA”, “Industrialisation of others”, which was held in Amsterdam, Netherlands, on 29 and 30 May 2018. This helps local factories to work at full capacity and provide more jobs, she added.

The number of exporting companies of the council is estimated at about 350 companies, with plans to increase the number by 10% per year. Nasr said the number of companies is not the only target, as the export capacity of these companies are more important to boost exports in general.

The council also conducts training courses for companies wishing to enter the export sector, where they are introduced to the conditions that must be met in their factories and products to be exportable and capable of competition, as well as visits to factories in cooperation with the Export Development Authority and assisting them to obtain quality certificates required for export.

She called for the need to sign an agreement between the Ministry of Trade and Industry and EgyptAir to support tickets for foreign exhibitions and support the shipment of products of companies participating in exhibitions to ensure a strong presence of Egyptian companies in international exhibitions.

 

You Might Also Like

Zimbabwe open for business, hopes to boost trade with Egypt: Finance Minister

AfCFTA should to be given more support at COP27: Afreximbank President at Egypt-ICF

WTO head Ngozi Okonjo-Iweala: how trade can help beat inequality

Trade Ministry presents 83 investment opportunities for local production

Trade exchange between Egypt, Arab countries surged by 18% in 2021: Trade Minister

TAGGED: FEC, The Food Export Council
Share this Article
Facebook Twitter Email Print
Previous Article Mercosur Agreement helps open Latin American markets: FEC chairperson
Next Article Attractiveness of food sector resists profitability margins decline
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?