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23.8% increase in Egypt-Spain trade exchange during 9M 2021

Both countries discuss ways to enhance cooperation in trade, industry and investment.
02.12.21 | Source: Daily News Egypt

Nevine Gamea, Egypt’s Minister of Trade and Industry, has met with her Spanish counterpart Chiana Mendes, on the sidelines of their participation in the Egyptian-Spanish Business Forum. 


Gamea said that the trade exchange between Egypt and Spain amounted to about $1.96bn during the first 9 months (9M) of this year, compared to $1.58bn in the same period, with a growth rate of 23.8%.


She pointed out that the most important projects implemented by Spanish companies in Egypt, especially those financed within the framework of the financial cooperation protocol between the two countries, and the advantages offered by the protocol in the areas of financing feasibility studies and providing technical support for a number of projects in the priority sectors of the Egyptian state, which include the energy sectors, were also reviewed.

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