ATHENS: Greece intends to increase its commercial cooperation with Egypt. Known for its fabulous cuisine, Greece started with food products, aiming at increasing investments between both countries in this sector.
Around 15 Greek food companies exhibited their products in the Greek Rowing Club, located in Giza, which included olives, olive oil, honey, cheese, packed products, and other goods.
The Greek exports represented €750m, while Egyptian exports to Greece represented €577m.
Both the Egyptian and Greek sides aim to diversify the exchange of products to not depend on oil and its by-products so much, as their prices are always unstable.
In 2016, €492 million out of the €750 million Greek exports to Egypt were petroleum, oil, and their by-products, while €412 million of the €577 million Egyptian exports to Greece were crude oil.
