Minister of Industry and Trade Tarek Kabil said that the ministry is currently designing a strategy to boost exports by 2020. In a press release issued on Monday, the minister said that his ministry aims to boost the value of exports from $18.5bn at the end of 2015 to $30-34bn in 2020. “This strategy relies on providing financing for exporting companies, which will boost their competitiveness and increase exports,” he added. In addition, she added that the bank aims to help exporters promote their production in different markets. “This aims to put together a comprehensive vision to support exports and boost their value,” she stressed.

Source: Daily News Egypt January 16, 2017 12:48 UTC