Prime Minister Mostafa Madbouly held a meeting on Sunday to review mechanisms for operationalising the Export Risk Guarantee Agency, implementing the export support programme and optimising the use of government training centres.
Minister of Investment and Foreign Trade Mohamed Farid, Minister of Labour Hassan Raddad, Minister of Industry Khaled Hashem, Federation of Egyptian Industries (FEI) Chairman Mohamed El-Sewedy, alongside relevant officials were present at the meeting.
During the meeting, Madbouly said the meeting followed previous discussions with FEI chairman as part of efforts to address manufacturers’ and exporters’ challenges, deepen local industrial capabilities and improve Egyptian products’ competitiveness, particularly in African markets.
For his part, investment minister outlined short- and medium-term measures under the Cabinet-approved export support programme, covering stronger export and shipping systems, financing and insurance solutions, streamlined administrative procedures, modernised production lines, technology localisation, international quality and sustainability standards, and increased participation in international exhibitions and e-commerce platforms.
He stressed coordination among stakeholders, within established timelines, to improve export cost-reimbursement mechanisms, facilitate supply chains and respond promptly to exporters’ needs.
The meeting also discussed expanding and upgrading product-testing facilities serving domestic and export markets and securing international accreditation to ensure compliance with standards and facilitate access to global markets.
On vocational training, El-Sewedy proposed extending the successful Ministry of Education-private sector partnership in managing technical schools to Labour Ministry training centres, in co-operation with relevant chambers of commerce.
In this respect, Minister Hashem highlighted an existing council working towards unified management of training centres across ministries, while Raddad welcomed cooperation with different entities to improve their operations and deliver distinguished programmes.
