Egypt expects to double exports to $100bn within three years, prime minister says – The National

Egypt expects to double exports to $100bn within three years, prime minister says – The National

Egypt plans to double its exports to $100 billion in the next two to three years, its prime minister said after signing a new industrial partnership with the UAE and Jordan to bolster Arab economic integration.

The Arab world's third-biggest economy is also planning to build a strategic stockpile of all major commodities, with up to six months' cover, Egyptian Prime Minister Mostafa Madbouly told UAE state-run news agency Wam.

“Today, we witness, through the launch of Industrial partnership for Sustainable Economic Growth, an important day for the peoples of the three countries, especially this partnership … in light of the unprecedented economic challenges witnessed globally,” he said on Sunday.