Following Ahmadinejad’s Visit To Cairo, Egyptian Exports To Iran Vanish

Unlike the rates of Egyptian exports to Iran throughout the past five years, Egypt’s exports to the Iranian market vanished at the beginning of 2013 to record EGP 2 million; compared to EGP 29 million in January 2012; according to sources in Foreign trade Sector to “Amwal Al Ghad”.

The great decline in Egyptian exports to Iran coincided with the Iranian President Mahmoud Ahmadinejad’s visit to Cairo and his meeting with President Mohamed Morsi. The meeting targeted pushing the Egyptian exports to Tahran markets, which attained EGP 29 million in January 2012 and EGP 88 million at the same month in 2011.

This tenuous exporting value in January 2013 distributed on different sectors; they are textile, chemical products and fertilizers, besides books and some artistic works.