Kazakhstan plans to export lamb to Egypt
Kazakhstan plans to export lamb to Egypt. The Kazakh Commerce Chamber and Egypt's Centre for Industrial Modernization signed a memorandum allowing the Kazakh companies to deepen bilateral cooperation and opening up new opportunities for the export of domestic products to African countries. By the way, according to the Chamber, last year the trade turnover between Kazakhstan and Egypt amounted to 49 million dollars. Of these, 32 million came from exports of Kazakh goods. According to experts, today Kazakhstan has great potential for promotion to the markets of the Arab Republic including domestic dairy and agricultural products.
NURALY BOKEYKHANOV, DEPUTY CHAIRMAN, KAZAKH CHAMBER OF COMMERCE:
Egypt is the largest importer in Africa. The country imports 100,000 tons of meat annually. We believe that Kazakhstan can take up 5% of the market, which is 5 million tons of meat annually.
AHMED TAHA BORAYA, EXPO 2017 COMMISSIONER OF EGYPTIAN NATIONAL PAVILION:
The purpose of our memorandum is the intensification of relations in the field of trade, industrialization. Today we gave the Kazakh side information about 32 well-known companies of Egypt so the Kazakh businessmen could read about them and to cooperate in the future.
During the talks, the Egyptian side also noted the great potential for cooperation in the framework of the "EXPO-2017" in Astana. During the exhibition, Egypt plans to hold a number of major events. It is expected that the events will be attended by 500 Egyptian companies representing a variety of industries.