Trade Exchange between Egypt, France records $2.5B in 2016/17

Trade exchange between Egypt and France recorded $2.5 billion (LE 44.18 billion) in the fiscal year 2016/2017, Manager of Business France Office in Egypt Ludovic Prevest said.

Prevest expected further increase of the trade exchange between the two states in the current fiscal year 2017/2018.

He emphasized the importance of Egypt as a trade partner for France, adding that France ranks 11th in Egypt trade partners’ list.

About Sial Paris Exhibition, Prevest said that it targets to increase the trade exchange between the two states and strengthen the economic relations between Egypt and the European Union.

SIAL PARIS (The Global Food Marketplace) is a trade fair held every two years, which specializes in the food processing industry. This event was first held in 1964 in Paris. It will take place this year from October 21 to 25.