{"id":322436,"date":"2021-06-23T16:03:09","date_gmt":"2021-06-23T16:03:09","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=322436"},"modified":"2021-06-23T16:03:09","modified_gmt":"2021-06-23T16:03:09","slug":"egypt-uk-trade-exchange-valued-at-519-mln-in-q1","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/06\/23\/egypt-uk-trade-exchange-valued-at-519-mln-in-q1\/","title":{"rendered":"Egypt-UK trade exchange valued at \u00a3519 mln in Q1"},"content":{"rendered":"<p>The volume of trade exchange between Egypt and Britain increased 8 percent, hitting \u00a3519 million in the first quarter of 2021, compared with \u00a3481 million recorded in the corresponding period in 2020, according to Director of the European Union Department of the Egyptian Commercial Service (ECS) Naser Hamed.<\/p>\n<div class=\"articleBody\">\n<div id=\"newsbody\">\n<p>&nbsp;<\/p>\n<p>Hamed made the remarks during a seminar organized Wednesday by the Food Export Council (FEC) in cooperation with the ECS and the General Organization for Import and Export Control (GOEIC) on promoting the Egyptian food exports to the UK.<br \/>\nThe volume of Egypt&#8217;s exports to the UK reached about \u00a3219 million during the first quarter of the current year, compared to \u00a3223 million registered in the corresponding period of the year before, the ECS director noted.<br \/>\nMeanwhile, Egypt\u2019s imports from Britain hit about \u00a3300 million during the aforementioned period of 2021, compared to \u00a3258 recorded in 2020, he said.<br \/>\nBritish investments in Egypt hit about $5.3 billion, constituting nearly 33 percent of the total European investments, he said, adding that the UK is the world\u2019s third largest investor in Egypt after the UAE and Saudi Arabia, and the first in Europe.<br \/>\nDespite the negative impacts of the coronavirus on the volume of exports in 2020, Egypt\u2019s food exports to the UK rose by about 76 percent, recording \u00a324 million, compared to \u00a313.6 million registered in 2020, he said.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The volume of trade exchange between Egypt and Britain increased 8 percent, hitting \u00a3519 million in the first quarter of 2021, compared with \u00a3481 million recorded in the corresponding period in 2020, according to Director of the European Union Department of the Egyptian Commercial Service (ECS) Naser Hamed.<\/p>\n","protected":false},"author":4,"featured_media":320045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[27,33],"tags":[],"class_list":["post-322436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-export","category-main"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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