The Organizing Committee of the African Intra-Trade Exhibition (IATF2023) in Egypt announced the selection of the Egyptian-African Businessmen Association (EABA) as a strategic partner for the third edition of the exhibition, which will be held from 9 to 15 November, which will be hosted by Egypt for the second time at the Egypt International Exhibition Center. Al Manara Convention Center.
Dr. was chosen. Yousrey El-Sharkawi, international investment advisor and president of the Egyptian-African Businessmen Association (EABA), as an honorary ambassador for this prominent event in order to push efforts to enhance trade exchange and build strategic partnerships between the African sector and Egyptian companies, which stresses the importance of strengthening cooperation and continental ties to achieve sustainable development in the African continent. .
This step confirms the role of EABA as an important party in promoting trade and economic cooperation between the countries of the African continent. EABA seeks to consolidate relations and enhance commercial communication between Egyptian companies and African countries, and this role will be greatly enhanced through their support for the IATF2023 exhibition and conference.
The exhibition comes within the framework of the implementation of the African Continental Free Trade Area, and it is the subject of the meetings of the heads of state and government of the African Union for this year. This event represents an important platform to promote trade between the countries of the continent and achieve economic integration.
For his part, Dr. Yusrey Al-Sharqawi expressed his happiness with this honor and stressed the importance of promoting intra-African trade as a major step towards achieving the continent’s aspirations for growth and prosperity. He also stressed the role of continental initiatives such as the African Continental Free Trade Area in achieving these goals.
For its part, Egypt will provide excellent infrastructure and facilities to ensure the success of the exhibition, and guarantee all attendees and exhibitors an exceptional experience. The exhibition comes within the framework of the African continent’s efforts to enhance trade exchange and achieve sustainable development.
The exhibition will witness the distinguished participation of many African and international companies and organizations, and it will be an opportunity to build strategic partnerships, exchange experiences, and highlight the possibilities of trade in the African continent.
For his part, Dr. Yousrey El-Sharkawi confirmed that an accurate estimate of the volume of intra-African trade between Egypt and the countries of the current continent indicates that it amounted to $8.3 billion for the year until the first half of 2023, an increase of 17% compared to its counterpart in the previous year. Al-Sharkawi expected that work and increase for the future, and expressed great ambitions to increase this volume by up to 300% during the next few years. In this context, he stressed the importance of the role of the Egyptian-African Businessmen Association in achieving these goals, as the association works to be an active element and a strong bridge with the African private sector community, with the clear aim of promoting trade between Egypt and the rest of the continent.
At the end of his statement, Dr. Yousrwey El-Sharkawi, ambassador of this version and head of the Egyptian-African Businessmen Association, stressed the importance of these joint efforts in achieving sustainable development in the African continent, and stressed the need to enhance cooperation and exchange of experiences in order to achieve strong and sustainable economic growth and that all parties must The parties are governments and the private and service sectors in the continent. Work to raise the volume of intra-trade between the countries of the continent from 15% of the continent’s total trade with the world to 50-55% within 5 years, which will only come about by enhancing knowledge of the continent’s capabilities of raw commodities, raw materials and products. Completely manufactured “of African origin”, and this will not be achieved except in real, effective copies of exhibitions and conferences within the continent, and we, in turn, will do everything we have to make this important edition, which is hosted by Egypt, a success.