Egypt, US seek boosting trade exchange

Yes Egypt has long been considered third world, relative to many other countries.That said it's recent history clearly indicates other wise.Business is expanding across all sectors.Real opportunity exist to expand a company's reach into the middle east area using the concept/vehicle mentioned below.

Business leaders across America should consider sending a portion of they're management personnel on a working vacation to explore what could be a excellent way to develop deeper,stronger cultural and business ties in this very important part of our global community.

Were currently performing a operational review of a family owned paint and adhesives manufacturing facility it is a smaller operation by global standards.This firm leads the egyptain market with two of its primary products they produce.

Sunday, 21 March 2010
Egypt, US seek boosting trade exchange

US Assistant Secretary of Commerce Suresh Kumar underlined the importance of promoting US-Egyptian trade relations.

During his participation in a meeting in Washington with members of the Arab American Chamber of Commerce, Kumar said trade relations binding Egypt and the US should further develop.

According to Kumar, Egypt ranks 34th on the list of US trade partners which does not commensurate with US-Egyptian relations.

The US official said Egypt has great opportunities that would enable it to merge into world trade, especially following reform measures introduced by the government.

Egypt has great potentials that could help the country secure a better rank among countries enjoying high volume of trade with the US, he added.