Egypt's Ministry of Public Business Enterprise is set to kick off its forum for foreign trade to eastern and central Africa on Tuesday, where discussions will take place on the services of a trade shipping line between Suez's Ain Sokhna and eastern Africa in October.
In an official statement, the ministry said the forum, named 'Gosour for International Trade in Eastern and Central Africa,' will be held in Cairo under the auspices of Prime Minister Mostafa Madbouly this week for exporters and importers in cooperation with the Holding Company of Maritime and Land Transport.
Public Business Enterprise Minister Hisham Tawfik is set to present in an opening speech the services provided through the shipping lane.
The services will be offered through affiliated companies operating in maritime and land transport, shipping, freight-forwarding, port clearances, logistics centres and marketing to open new markets for foreign trade.
The forum will also see the launch of a new application, named Gosour for Foreign Trade Services, which will include client data and other information related to shipments including details on cargo and destination.
The forum will be attended by representatives from EME, an affiliate of Microsoft, as well as representatives from Martrans.
Both the head and deputy of the Federation for Egyptian Industries (FEI) Mohamed El-Sewedy and Ahmed El-Wakil are set to speak on services for developing businesses.
The forum will see another session titled 'Financial Services Presented to Clients in Foreign Trade,' where a number of representatives from Egyptian banks will give keynote speeches, including Banque du Caire's Osama El-Naggar, Commercial International Bank's Wagdy El-Dabour, the Central Bank of Egypt's Ramy Shaarawy, and the African Export-Import Bank 's Christian Abou Lehaf.
Inquiries by the audience will be answered in a session moderated by the managing director of the Holding Company of Maritime and Land Transport Nabil Dowidar, with the participation of Minister Tawfik, officials from the holding company, and the head of Egyptian Exporters Association (Expolink) Khaled El-Meqaty.
Tuesday's forum is held through a partnership with the Federation of Egyptian Chambers of Commerce, FEI, and a number of export councils in the country.