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Egyptian commercial office in Paris holds webinar on local agro-industries sector
19 December 2021  -  Sector :  -  Entity :  -  Category : General

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The event explored ways to enhance economic cooperation between the two countries in the agricultural and food industries sectors.

Cairo- Dec 19, 2021

The Egyptian commercial office in the French capital Paris has organized a webinar on the agricultural sector and agro-industries in Egypt, in coordination with the Arab-French Chamber of Commerce in France “La Chambre de Commerce Franco Arabe”, the French Chamber of Commerce and Industry in Egypt and the Global Diwan.

The event aimed at benefiting from the major French expertise in the field to further boost commercial and agricultural cooperation between the two countries.

It was opened by French Ambassador in Cairo Marc Baretti, with the participation of Sayed Fouad, head of the Egyptian commercial office in Paris, representatives of over 70 French and Egyptian companies specialized in the agricultural and food industries sectors, in addition to relevant French authorities.

According to official data, Egyptian exports to the French market grew 30% during the January-August period to reach about €516 million, compared to some €400 million last year.

This export growth contributed to a decrease in trade deficit between Egypt and France by 42% to €620 million during the first eight months of 2021.

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