The agreement will facilitate CEC’s members’ access to the Saudi market and support any communication and deals between Egyptian and Saudi businesses, explained an official statement by the council
The Chemical and Fertilizers Export Council (CEC) recently signed a joint cooperation agreement with Saudi Arabia’s Tabseer platform, which provides conformity assessment services for businesses targeting the Middle East and North Africa markets.
The agreement will facilitate CEC’s members’ access to the Saudi market and support any communication and deals between Egyptian and Saudi businesses.
CEC executive director, Mohamed Mageed, stressed that the agreement is a significant step forward in aiding Egyptian companies looking to facilitate their export efforts, utilizing the Tabseer platform to conduct tests and obtain certificates of accreditation required.
Egypt’s chemical sector’s exports to Saudi Arabia reached nearly $240 million in 2022, revealed Mageed.
The cooperation protocol will simplify the process of exporting Egyptian chemical products to the Saudi market, said Tabseer’s chairperson, Emad Eissa, adding that Saudi Arabia is the 2nd largest destination for Egyptian exports.
Eissa highlighted the significant presence of the Egyptian community in Saudi Arabia, around 2.5 million citizens, emphasizing their role as a valuable asset in promoting Egyptian products in the country. Chemical and fertilizer exports to Saudi Arabia by 18% in 2022 compared to 2021, reaching about $240 million, the chairperson added.
