Precious metals dip on Monday    Oil prices rise on Monday    Asian stocks climb to six-week highs on Monday    CBE, EBI launch 'Foundations of Fraud Combating' training programme for banking employees    Japan provides EGP 1bn grant to Egypt for Suez Canal diving support vessel    Gold prices rise by EGP 265 over past week    Netanyahu to meet Trump for Gaza Phase 2 talks amid US frustration over delays    Egyptian, Norwegian FMs call for Gaza ceasefire stability, transition to Trump plan phase two    Egypt leads regional condemnation of Israel's recognition of breakaway Somaliland    Health Ministry, Veterinarians' Syndicate discuss training, law amendments, veterinary drugs    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Spain discuss cooperation on migration health, rare diseases    Egypt's "Decent Life" initiative targets EGP 4.7bn investment for sewage, health in Al-Saff and Atfih    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Egypt flags red lines, urges Sudan unity, civilian protection    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Australia returns 17 rare ancient Egyptian artefacts    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



How to boost exports
Published in Al-Ahram Weekly on 20 - 01 - 2016

The government this week launched “Go Global,” an initiative aimed at increasing Egyptian exports and helping the country's exporters. The initiative targets small exporters who want to boost their export capabilities and domestic producers looking to export their products globally.
“The main aim of the initiative is to increase the number of exporters through a tailored programme designed to support small and new exporters,” Aly Al-Leithy, head of the Egyptian Commercial Service (ECS) at the Ministry of Trade and Industry, told a forum organised this week to launch the initiative.
Under the initiative, the ministry will work with a specific batch of companies for a certain period to gain a hands-on feel for their problems and to try to resolve them. A new batch of companies will be taken in hand under the initiative every three months, with 250 being targeted in three years. The initiative will begin its pilot phase with 10 companies, then 20 companies will be taken in every three months.
Led by the ECS, in cooperation with the Federation of Egyptian Industries and the Egyptian Exporters Association (Expolink), the initiative aims to encourage manufacturers to take advantage of export opportunities and the programmes that exist to serve their needs and strengthen their export and competitive abilities.
ECS, through its offices abroad, will help exporters with marketing and match-making with parties interested in importing from Egypt. This week's forum brought together all the organisations concerned with exports under one roof.
Ahmed Taha, head of the government's Industry Modernisation Centre (IMC), said that export growth is a core part of the government's industrial strategy for the year 2020, to be presented to parliament early next month.
Taha said the strategy hopes to double the industrial output growth rate and adjust the trade balance by increasing exports while decreasing imports and developing small- and medium-sized projects.
“Many exporters' problems lie in routines that waste time,” said Mohamed Shalaby, an exporter of fresh fruit. He sees a problem in what he describes as “unqualified employees” working in areas related to the exports sector, such as in the Customs, Airports, and General Authority for the Control of Exports and Imports, who are “not responsible enough” and do not understand the export culture and why exports should be considered a national security issue.
“They do not realise the importance of exports. They delay a lot of work not only because of their routines, but also because many of them do not understand the export laws,” Shalaby said.
He said that the vitality of Egypt's exports lies in the fact that they are a major source of hard currency, especially since other sources such as tourism have been hard hit following the crash of the Russian airplane near Sharm El-Sheikh last October.
“Any delay is disastrous for exporters, especially for fresh produce like fruits and vegetable which can perish easily,” he said. He added that delays cause exporters to lose their export markets, since this means it is difficult to commit to delivery dates.
“This means losing foreign markets and hard currency for Egypt, not just for the exporter,” he said. Shalaby called on the government work to improve its employees' performance and encourage them to perform their work more efficiently and faster.
“The government should issue new export laws to get rid of routines and speed up export procedures,” he said.
Mostafa Abdel-Aziz, a frozen food exporter, complained of corruption and bureaucracy in export-related procedures such as customs and opening letters of credit.
He said the government has given orders to the banks to provide exporters with the finance needed, but the procedures continue to be very slow.
Forum speakers this week told participating exporters how to prepare a strategy to go global and how to determine targeted products and markets, informing them of available support programmes, export opportunities, finance operations and exports guarantees, as well as the most convenient transportation and logistical means and the role of international inspection companies in the export sector.


Clic here to read the story from its source.