Ahmed Al-Wakeel: The Alexandria Chamber is an Essential Supporter of the Egyptian Economy

  • Alexandria, Arab Republic of Egypt
  • 17 October 2022
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The President of the Egyptian Chamber of Commerce in Alexandria and the President of the Federation of Mediterranean Chambers "Escami", Ahmed Al-Wakeel, pointed out that "the Alexandria Chamber, throughout its history, has had its national positions in support of the Egyptian economy, at a time of adversity and crises, in order to preserve the integrity and support of the economy, market stability, consumer preservation, and continuous modernization to keep pace with development, maintain the competitiveness of its members and strive to open new markets for Egyptian exports."

During the celebration of 100 years since the establishment of the Chamber of Commerce in Alexandria, the agent pointed out that in October 1982, a small group of chambers of commerce, on the initiative of the Barcelona Chamber of Commerce, established the first association of the private sector and civil society in our Mediterranean region, which is the Escami, he explained that the Alexandria Chamber and the Escami jointly develop policies, decisions, regulations and laws, and have also contributed to economic development programs and the needs of Alexandria, Egypt and the Mediterranean in terms of new projects and activities, and push production to find its right way and impact in global markets.

He noted that "we have implemented together more than a hundred European projects for Alexandria and the Mediterranean countries, from various aid programs aimed at the economic and social development of the region since 2009, with a value of more than 300 million euros." Pointing out that "we must maximize the benefit from the total merchandise trade of ESCAMI member states, which exceeds 5.6 trillion euros, and their investments amounting to about 2 trillion euros."

Source (Al-Watan News, Edited)