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Tuesday, 23 March 2021, 12:22
Ukrainian exporters to benefit from establishing joint ventures with Egypt
29.01.2021 14:50
Ukrinform
Ukrainian exporters, interested in entering the Egyptian markets, will benefit significantly from the establishment of joint ventures with localization of production in this country. The establishment of joint ventures and the organization of production in the territory of Egypt can provide Ukrainian companies with access to a market of 1.3 billion consumers with a total GDP of $3.4 trillion. If the appropriate level of localization of production is reached, the goods are considered to be made in Egypt and have the right to duty-free movement both within the country and within the existing economic integration associations (African countries and most Arab countries), Ambassador of Ukraine to Egypt Yevhen Mykytenko said at an online briefing for Ukrainian exporters entitled Entering market and doing business in Egypt , the press service of the Mi