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Food Industries Export Chief reviews Council’s plan to increase exports until 2026



Food Industries Export Chief reviews Council's plan to increase exports until 2026

Food Industries Export CouncilHani Barzi, Chairman of the Food Industries Export Council, reviewed the council’s targeted plan to increase the sector’s export volume until 2026. During the first quarter of 2024, the industry’s export sector Food occupied approximately 1.6 billion dollars with a growth rate of 31%. compared to exports for the same period in 2023, which were estimated at around $1.2 billion.

As he addressed President of the Food Industries Export Council The Council’s vision regarding the development of food exports 2024-2026, which includes setting clear objectives for the development of the industrial sector and increasing the volume of Egyptian exports at a rate between 15 and 20% and contributing to the reduction of the Egyptian state’s import bill. , in addition to working to consolidate trade and economic relations with neighboring countries, during a meeting in the presence of members of the Food Industries Export Council with Prime Minister Dr. Mostafa Madbouly.

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Export proposals for food industries to develop export support system

Regarding the development of the export support system, the Chairman of the Food Industries Export Council examined the Council’s proposals in this context, including the proposal to maintain the current export development program while adding a component special to stimulate exporting companies and support their efforts. in promoting Egyptian products in foreign markets, and stressing the speed of payment of export support so that exporters can benefit from it.

Export Food Industries examines solutions to sector problems

Concerning the measures necessary to help overcome the obstacles facing this sector, it was proposed to set indicative prices for food exports, particularly for manufactured food products, and to launch a marketing campaign for food products, in addition to importance of choosing priority products. such as frozen strawberries, processed olives and other products of agricultural origin.

Engineer Hani Barzi also highlighted the importance of providing fixed shipping lines at competitive prices, especially for the African continent. The importance of land transportation was also highlighted, the importance of speeding up inspection and customs clearance procedures and increasing participation in specialized international exhibitions. , emphasizing the deepening of the local component by proposing mechanisms. A new plan to attract more foreign investments and help open up new horizons for different types of industries in the country and for various international companies has been proposed. help exporting factories increase their industrial investments and productivity, and provide a set of tax exemption incentives for exporting companies.

Today’s meeting between the Prime Minister and members of the Food Industries Export Council, chaired by Hani Barzi, Chairman of the Council, focused on a number of challenges they face in order to increase exports. The Prime Minister immediately communicated with the relevant ministers. on this matter, and he was also quickly tasked with holding a meeting in the presence of… officials from the Ministry of Health and the National Food Safety Authority, with the aim of accelerating the control of exports of these products , thus contributing to increased exports.

Read also“Export Food Industries” reaches export volume of $1,019 million in the first two months of 2024

“Export Food Industries” organizes a trade mission to South Africa

Sudan ranks first. “Export Industries” monitors the Arab countries that import the most Egyptian products

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