The minister confirmed that they will work to maximize the benefit from free and preferential trade agreements signed with a large number of countries.
The trade deficit between Egypt and the United States decreased by about $476.2 million during Q1 of 2024 compared to Q1 of 2023.
El Quseir confirmed that this represented an increase of 400 thousand tons over last year.
Additionally, the United Arab Emirates and the United States of America demonstrated strong demand, with import values of $735 million and $716.2 million, respectively.
Minister Samir pointed out that Egypt’s merchandise exports reached about $36 billion in 2023.
