ITFC, two Egyptian economic entities launch training project to support Export

ITFC, two Egyptian economic entities launch training project to support Export

Egypt - The International Islamic Trade Finance Corporation (ITFC), the Micro, Small and Medium Enterprises Development Agency (MSMEDA), and the Foreign Trade Training Center of the Egyptian Ministry of Trade and Industry launched on Sunday the “Training a Step for Export” project, funded by the ITFC with $350,000.

This comes within the second phase of the Aid for Trade initiative for Arab countries (AFTIAS), to support Egyptian exporters and SMEs.

The project launch was attended by Hani Salem Sonbol, CEO of the ITFC and Chairperson of AFTIAS; Basil Rahmi, CEO of MSMEDA; Mary Kamel, Executive Director of the Foreign Trade Training Center; and Amr Hazaa; Advisor to the Minister of Trade and Industry and Head of the Development Projects Unit.

According to a statement by the ITFC, the project aims primarily at developing the capabilities of Egyptian youth and owners of current and new medium, small and micro enterprises wishing to start exporting, and who already have exportable products or who already export and wish to increase their export capabilities.

An integrated training program is being implemented with the aim of preparing a new generation of qualified exporters and increasing their capabilities, knowledge and skills in order to enable them to produce value-added products