From Miami Sands to Brussels Boardrooms: The High-Stakes Gambit for Ukraine's Future    Mediterranean veterinary heads select Egypt to lead regional health network    Ramy Sabry performs at opening of "The Village" in Egypt's Celia development in New Administrative Capital    Egypt demands 'immediate' Israeli withdrawal from all Lebanese territory    Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects    Egypt's West Gerga industrial zone hosts Middle East's first cooling compressor plant    Foreign troop withdrawal from Libya, Sudan ceasefire urged by Egypt and Algeria    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Egypt says Qatari Al Mana fuel project in Sokhna does not involve land sale    Egypt partners with global firms to localise medical imaging technology    The Long Goodbye: Your Definitive Guide to the Festive Season in Egypt (Dec 19 – Jan 7)    EGX closes in red zone on 18 Dec.    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Oil prices rise on Thursday    Egypt's Al-Sisi offers to host talks to support DRC peace process in call with Tshisekedi    Central Bank of Egypt, Medical Emergencies, Genetic and Rare Diseases Fund renew deal for 3 years    Egypt's SPNEX Satellite successfully enters orbit    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    Egypt's PM reviews major healthcare expansion plan with Nile Medical City    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    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    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.



Exports decrease by 27.4% year-on-year in February
Amwal Al Ghad Published in Amwal Al Ghad on 10 - 03 - 2015

Total exports decreased by 27.4% in February, registering $1.39bn (EGP 10.54bn), compared to $1.9bn in the same month last year, Ministry of Industry and Foreign Trade said in a report Monday.
Total exports for January decreased by 20.9% to $1.4bn, compared to the corresponding month in 2014, which gained $1.7bn in exports.
Egypt aims to generate $28bn in non-petroleum exports in 2015, through 13 sectors, including: medical industries; agriculture products; engineering and electronic products; food industry; ready-made clothes; chemical and fertiliser products; building materials; furniture; leather products; footwear; and handicrafts, according to the report.
The total value of exports for 2014 registered $22.11bn, allowing the government to achieve 88.4% of its goal of $25bn. The government surpassed its set targets for in the medical industry sector, agriculture sector and readymade garments sector.
In 2014, the trade sector signed cooperation agreements between Egypt, Russia and Belarus in trade, industry, investment, infrastructure, agriculture, petroleum, energy, environment, transport, exhibitions and customs.
Among the ministerial decisions taken in 2014 was the imposing of protection duties on imports of rebar by 3.7%, with a minimum of EGP 290 per tonne. The decision was valid for 200 days. As for the industrial sector, the ministry approved the draft law for giving priority for domestic products and requiring governmental entities to purchase them.
Regarding the ministry's anticipations for the trade sector in 2015, they expect to start negotiations towards the signing of a free trade agreement between Egypt and the Eurasian Union.
Source: Daily News Egypt

Clic here to read the story from its source.