- The two-way trade between Egypt and Russia has risen to $4.7 billion in 2021 compared to $4.5 billion the year before. This was disclosed by
- Trade and Industry Minister Nevine Gamea during her participation in St. Petersburg International Economic Forum recently.
The two-way trade between Egypt and Russia has risen to $4.7 billion in 2021 compared to $4.5 billion the year before. This was disclosed by
Trade and Industry Minister Nevine Gamea during her participation in St. Petersburg International Economic Forum recently. Egyptian exports to Russia marked an increase of 14.7 percent last year to touch $591.7 million against $515.6 million in 2020 while Russian exports to Egypt rose by 3.9 percent to hit $4.178 billion, she added. This was the result of joint efforts to strengthen bilateral economic relations.
Egypt, she said was keen to welcome more Russian investments and invited Russian companies and businessmen to set up joint projects .
Also read
https://trendsnafrica.com/imf-to-lend-to-egypt-to-insulate-impact-of-russia-ukraine-war/
https://trendsnafrica.com/russia-egypt-economic-ties-on-the-rise/
