Cairo chamber: No fear on trade from storm packets

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Sunday - 29 March 2015 - 1:11 PM

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Mr. El Basha Idris, Cairo Chamber's treasurer and exporters Division chief Said that:

the storm packets on Iran will not have any impact on the export and import movements in the Arab world, 

 

pointing  out that the Egyptian Navy protects the strait of Bab el Mandeb, which is the lifeblood of Suez

Canal and the adabeya port.

 

 Mr. Ahmed shiha, Importers Division chief , explained that the trade exchange between Egypt and Yemen  

is too small Adding that the Strait of Bab el Mandeb is an  international corridor that  the Yemen’s Houthis

could not close it as it is protected by the whole world.