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Egypt's exports to Agadir markets hit $505m in 4M – GOEIC

Egypt's exports to Agadir markets hit $505m in 4M – GOEIC
The Agadir Agreement is a free trade accord between Egypt, Jordan, Morocco and Tunisia.

Cairo – Mubasher: Egypt’s exports to the markets of the Agadir Agreement surged 38.3% to $505 million during the first four months of 2018, from $ 365 million in the year-ago period, General Organization for Export and Import Control (GOEIC) said.

The Agadir Agreement is a free trade accord between the North African nation, Jordan, Morocco and Tunisia. 

Egypt's exports to the African states amounted to $1.27 billion from January to April 2018, compared to $1.021 billion in the same period a year before, GOEIC’s head Ismail Gaber said.

Egyptian exports to European Union (EU) markets increased 17% to $2.39 billion in the first four months of 2018, compared to $2.04 billion in the corresponding period a year ago.

Most of Egypt’s exports went to Turkey, Spain, Jordan, Russia, the UK, the US, and the UAE, Gaber added.