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Plans to raise Belarus-Egypt trade past $100m in 2018
MINSK, 2 October (BelTA) – Belarus and Egypt intend to raise the bilateral trade volume past $100 million this year. Ambassador of Belarus to Egypt Sergei Rachkov made the statement in an interview with Daily News Egypt, BelTA has learned.
According to the source, Belarus-Egypt trade rose by 68.5% to $97.5 million in 2017 in the wake of the Belarus president’s visit to Egypt. In January-July 2018 the trade turnover totaled $73 million, 49.3% up from the same period of last year. “We hope to go beyond $100 million this year,” noted Sergei Rachkov.
Belarusian exports to Egypt are tractors, trucks, tires, metal products, optical products, pumps, x-ray equipment, petrochemical and woodworking products. The main imports from Egypt are citrus fruits, fresh, frozen, and tinned vegetables and fruits, herbs used in perfumery and pharmaceutics, medications, tea, coffee, outerwear, and textiles. Consumer-grade electric heaters, electric stoves, lighting equipment, plastic goods, paints and varnishes, and furniture have been recently added to the choice of imports from Egypt.
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