El-Araby: Interest in market development maintains stable prices

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Wednesday - 25 September 2019 - 12:21 AM

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Eng. Ibrahim El Araby, Chairman of the General Federation of Egyptian Chambers of Commerce (FEDCOC) and Chairman of Cairo Chamber of Commerce, decided in a meeting with board members of FEDCOC at Cairo Chamber's headquarters to take care of developing and establishing markets through chambers of commerce at the level of the Republic and support state in establishing the commodity exchange to increase the supply of goods in order to maintain market stability.

 

 

He stressed that this will come within the plan to be the beginning of the interest in the development of markets owned by some Chambers, and the next step that all the Chamber will have commercial markets supervised, in addition to supporting the markets owned by each province, which leads to the diversity and increase of the supply of goods that maintains stability of Prices and market.

 

for implementing the plan, a number of committees were formed, where each committee specialized in the study of some files concerning the members of the Chambers of Commerce, traders, manufacturers and performers of services at the level of the Republic aimed at developing all sectors through discussion of the problems they face and proposals to solve them with the concerned authorities. The work should begin immediately on studying the files assigned to each committee and the reports will be discussed in the next meeting.

 

For his part, El-Araby also stressed that the Board of Directors of FEDCOC is keen to study all economic files and support the establishment of the commodity exchange and the development of markets in cooperation with the government, pointing out that the success of the chambers of commerce in different provinces in organizing exhibitions (ahlan  madares) Confirms the increased community role of chamber members day after day.