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EDF holds courses to familiarize exporters with new export subsidy arrear payout program
4 December 2021  -  Sector :  -  Entity :  -  Category : Trade News

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The Fund has completed training of 37 exporting companies in the sectors of engineering, chemicals, food, textiles and agro industries.

Cairo- Dec 4, 2021

Upon instructions from Minister of Trade and Industry Nevine Gamea, the Export Development Fund (EDF) has organized training courses for 36 exporting companies to familiarize them with the Fund's new program to pay export-subsidy arrears, its objectives, and the registration procedure.

The participating firms included: seven in engineering industries, another in the chemicals sector, 18 in food and agro-industries, and four in textiles.

"The move aims to inform the business community and exporters of the details of the new program, which has so far contributed to a boost in export rates," said Amani al-Wassal, CEO of the EDF.


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