Exclusive: Ministry Of Industry Sets Strategy For Exports In 2012

In his statement to Amwal Al Ghad, Hatem Saleh, the Minister of Industry and Foreign Trade, asserted that the ministry is preparing a practical strategy to boost the Egyptian exports within the last quarter of 2012, after these exports recorded a relative decrease from January to August, about EGP 85 billion.

The minister said this value represented about 65% of the total target by the end of 2012, EGP 130 billion. This decline came due to the disorganization of the domestic product and the turmoil which happened in the exterior markets, as well the disorganization of the export for a number of important markets, the US and the European markets come first.

He added that the ministry aims at intensifying promotion for the Egyptian market in the global market in the coming period, moreover, opening new markets in a number of African and Arab countries; emphasizing that President Morsi exerts efforts towards this matter, and the essential of these markets in developing the Egypt exports in the coming period.