Egypt to bring in US$100 mil in imports from Sudan

Mohamed Wagdy, head of the foreign branches of Al-Nasr Export Import Company, said the Food Industries Holding Company assigned Al-Nasr to import Sudanese meat exclusively for its co-op outlets.
“The price of a kilo is LE34 versus LE40 at private sector outlets,” he said.
“We have contracts in 2014 and 2015 for LE100 million to import 25,000 heads of cattle, 15,000 tons of sesame and 500 tons of various types of cotton,” he added.
He also said that 3000 heads of cattle were shipped last week, another 2000 will be shipped in April, and another 5000 will be shipped in May and June to cover Ramadan consumption needs.
“This is the first time that the government supports Al-Nasr Company in three years,” he said.
For his part, Hatem al-Askalany, director of the Egyptian trade center in Khartoum, said there are not enough boats to transport the cattle on the Nile.
“We move them by land to Wadi Halfa, then by boats to Abu Simbel,” he explained, adding that Sudanese meat is completely free of endemic veterinary diseases.
Edited translation from Al-Masry Al-Youm

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