The Ambassador of Indonesia in Cairo: 2.3% increase in the volume of trade exchange with Egypt within 8 months

The Ambassador of Indonesia in Cairo: 2.3% increase in the volume of trade exchange with Egypt within 8 months
The Ambassador of Indonesia in Cairo: 2.3% increase in the volume of trade exchange with Egypt within 8 months

The Ambassador of the Republic of Indonesia in Cairo, Lotfi Raouf, said that trade exchange between Egypt and Indonesia witnessed a growth of 2.3% during the first 8 months of 2021, pointing out that his country’s exports to Egypt grew by 3.4%.

During his speech at the conclusion of the activities of the first Egyptian marketing forum for dates in Kharga, today, Monday, the Indonesian ambassador indicated that Egyptian exports to Indonesia recorded a significant increase of 53% compared to the same period of the previous year (January – August 2020).

Raouf explained that the most important Egyptian export commodities are phosphates, dates, molasses, citrus fruits, medical and surgical instruments, olive oil, electrical appliances, nuts, and natural honey.

He added that Indonesia and Egypt’s regional position is pushing with full force to work in the way of overcoming the repercussions of the emerging corona virus pandemic, which posed a challenge to economic growth in both countries by working to increase bilateral trade exchange rates, stressing the need to work together to reach the full potential of our bilateral trade, and we can still Increase our cooperation to another level.

He stressed that Egypt is the strongest economy in the North African region, with high growth rates, which recorded 2.9% last May, and great human capabilities exceeding 102 million people. At the same time, we find that Indonesia is the largest economy in Southeast Asia, with a growth rate of 3.3% and human capabilities exceeding 270 million people. .

He added that the economies of the two countries enjoy great flexibility, which makes us keen to enhance cooperation opportunities to achieve integration between the two sides.

 
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