Thu, March 28, 2024

Egypt and Uzbekistan are opening markets for fruit

Wibest – IMF: Egypt

The management of the Uzbek agricultural wholesale company, BMB Export Global, and members of the Chamber of Commerce and Industry of Egypt held a videoconference yesterday. 

The parties discussed current agricultural prices and the possibility of cooperation. Egypt is ready to deliver fruits and vegetables that are not cultivated in the country, like plums, cherries, grapes, persimmons, and apples. On the other side, Egypt will supply Uzbekistan citruses like orange, mango, mandarin.

Wibest Broker — Shipping: Handling stack of container shipping, Container shipping yard.

The parties agreed to examine the markets of the two countries actively. They also discussed possibilities for a further re-export to Arab and African countries.

Egypt has occupied the first place in orange exports

Al-Attar, the head of the agricultural quarantine of Egypt, stated that opening Uzbekistan’s markets to Egyptian orange exports is one of a series of successes that Egypt has achieved in the international orange market. In fact, the country occupied the first position globally in commodity exports. The powers adopted by Egypt contributed actively to opening more markets, making way for Egyptian exports to various countries of the world.

The New agricultural system of Egypt raised the efficiency of agricultural products for export. Their quality has improved significantly. In order to access more markets, Egypt applies international standards to every country where they export agricultural products.

Al-Attar pointed out that the country’s agricultural exports are allowed to be shipped according to the international limits of pesticide residues and heavy elements that do not exceed the limits of international standards. The Egyptian agricultural exports exceeded the barrier of 5 million tons for the first time. It restored the country’s position in the global market of agricultural products. 

Uzbekistan is developing the agricultural sector

Uzbekistan is one of the significant producers of agricultural products. The country produces more than half of the production of ex-Soviet states. 

Last year, Uzbekistan exported fruit and vegetables worth over $1 billion. The country is trying to ensure high-quality processing and the supply of locally-grown fruit to the foreign markets. 

Shavkat Mirziyoyev, the President of Uzbekistan, stated that there is still a lot of work to do in the agricultural system of the country. opportunities remain for developing the agricultural sector and vacant lands for efficient use for cultivating popular varieties. The country’s government is implementing new measures to ensure the growth of the industry. Simultaneously, it opened training centers for preparation in agricultural engineering.

Interested in an Islamic Forex Trading Account? Read WiBestBroker’s comprehensive review on Vlom.

YOU MAY ALSO LIKE

Ford

Quick Look: CVA Family Office LLC snaps up 4,559 shares of Ford

The government aspires to make Portugal Europe's top producer of prime lithium for electric car batteries.

Quick Look: Atlas Lithium signs investment and offtake agreements with Mitsui. Mitsui

Stocks and various factors, Baltimore

Quick Look: The Francis Scott Key Bridge in Baltimore collapsed after a

COMMENTS

Leave a Comment

Your email address will not be published. Required fields are marked *

User Review
  • Support
    Sending
  • Platform
    Sending
  • Spreads
    Sending
  • Trading Instument
    Sending

BROKER NEWS

Plus500 Expands Office Space in Haifa and Boosts Hiring

Plus500 has significantly expanded its Haifa office space and increased recruitment efforts across various departments. Local news source Walla reports the brokerage has leased an additional 5,800 square meters in the Gev-Yam complex

BROKER NEWS

Stock Report – stock exchange background – WibestBroker

Plus500 Expands Office Space in Haifa and Boosts Hiring

Plus500 has significantly expanded its Haifa office space and increased recruitment efforts across various departments. Local news source Walla reports the brokerage has leased an additional 5,800 square meters in the Gev-Yam complex in