16/06/1996
Since exportation is a vital issue in modern industry requirements, President Mohamed Hosni Mubarak has been given it due attention within efforts to prepare Egypt for the 21st Century. He has accepted to preside over the Supreme Council for Exportation, which emphasizes the importance of exportation for making the future of Egypt’s economy. ( Available in Arabic )
The State backs the issue of exportation, using many mechanisms in this regard, on top of which is that it has allowed the private sector to invest in different production fields. This has been accompanied with bringing high technology, thus producing high-quality products in the Egyptian market. This also urged the public enterprise sector to develop and modernize its production to keep pace with the new approach. Under the free market mechanisms, fierce competition and opening the domestic market for imported products, improvement and enhancement have become a must to face competition. But the Egyptian exports are facing many problems, which should be overcome or removed to boost exports to foreign markets.