They declared the importance of linking exporting support with the industrial policy of countries and the necessary of directing large portion of the public service support which benefit all exporters such as exhibitions services , developing shipping and transport, training , improving roads and simplifying procedures  etc .

During the recent meeting at Ministry of Finance, both ministers agreed that any new standards for exporting support should be simple, specific and with clear target, helping that any exporting support should be given to non- beneficiaries and ensuring the accuracy and transparency of export data. They also confirm the importance of justice in distributing the support opportunities between senior exporters and small and medium enterprises.

Minister of Industry explained the importance of gradual transformation from the existing system, indicating that the ministry does large efforts to fill any gaps in the existing system of exports support, in the field of building human capacities for exports support fund employees, completion of all procedures electronically and not giving space to personal estimates.

The minister of industry indicated that issuance of inactivated law for food safety for many years will raise Egypt's export opportunities especially in the field of agricultural products and food industries.

Both ministers confirmed that the development in coordination between monetary and financial policies and interest and exchange rates will encourage the exporters. They said that other steps will be done concerning this matter which will benefit the whole exporters and economy.

It will be decided to held another meeting to prepare the final vision of financial and technical standards to support the exports soon

(The source : Ministry of Finance)