Trade exchange between Egypt, Algeria hits $938 M

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Thu, 23 May 2019 - 03:23 GMT

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Thu, 23 May 2019 - 03:23 GMT

Egypt and Algeria Flags - Photo credit the state information service website

Egypt and Algeria Flags - Photo credit the state information service website

CAIRO - 23 May 2019: The trade exchange between Egypt and Algeria hit 938 million dollars last year, according to the Egyptian Commercial Service on Thursday.

Egyptian exports to Algeria are estimated at 550 million dollars and they include finished and intermediate goods as well as raw materials, it said in a statement.

Egyptian imports from Algeria account for 399 million dollars, it added.

The statement noted that deputy chairman of the authority Wael Aref took part in a meeting at the Algerian Trade Ministry and requested the Algerian side to reconsider the list of products with additional taxes.

The Algerian trade minister promised to examine these lists to take right decisions towards them

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