Egypt-Spain trade grows by 29% YoY in 2021

Newspaper Title: www.zawya.com

Newspaper Number:

Wednesday - 10 August 2022

The trade exchange between Egypt and Spain grew by 29% to $2.851 billion in 2021 from $2.211 billion in 2020, Minister of Trade and Industry Nevin Gamea said, according to an official statement on August 8th.

Gamea issued a decree reforming the Egyptian side of the Egyptian-Spanish Business Council.

The new council will be chaired by Minapharm Pharmaceuticals (Minapharm) (MIPH)’s Chairman Maged El-Menshawy.

The council will work for three years as of the day of publication in the Egyptian Gazette. It will be required to submit a biannual report on its efforts and activities to the trade minister.