Egypt Receives Boost as 3 Countries Agree to lift Ban on Agric Imports

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Three countries; Bahrain, Kuwait and the United Arab Emirates have agreed to lift a ban on imports of Egyptian agricultural products, the Egyptian Agriculture Ministry said in a statement on Sunday.

A number of Gulf countries have banned Egyptian agricultural imports over the past year on concerns over pesticide residue.

However, the three countries have now agreed to reopen markets to agricultural produce from the Northern Africa country, after series of meetings and negotiations.

Over the first nine months of 2017, Egypt has exported 4.1 million tons of agricultural products, the Ministry Agriculture reported earlier this month.

This volume is 13.9% up from what the nation exported a year before, knowingly 3.6 million tons, over the same period. In the first of the year also, the sector recorded an increase (+12.1%).

Additionally, this performance comes to confirm forecasts stating that Egypt’s exports should soar this year due to a better attractiveness in the global market resulting from the Egyptian pound’s devaluation, last November by the Central Bank of Egypt.

The country’s agricultural exports mainly include fruits (grapes, citruses, dates and strawberries), and vegetables (potatoes, onions, tomatoes and eggplants).

Its main export destinations are Russia, Saudi Arabia, Sudan the European Union and the United Arab Emirates.

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