NEWS

Sino Building visits Egypt's embassy in China to discuss steel trade cooperation
2018-06-27
Smith Yu, general manager of Shandong Sino Building Material Group Co., Ltd., paid an official visit to the Embassy of the Arab Republic of Egypt in China on 31 March 2017, at the invitation of Mamdouh Sallman, trade executive of the Embassy. Yeshuai Yu had a friendly conversation with Mamdouh Salman and Mohamed Abdullah (third secretary of the embassy), on the development prospects of the Egyptian steel market and the issues of strengthening cooperation with Egyptian enterprises, etc.

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Smith Yu presented the general situation of the company and the state of sales in the African market, especially in North Africa. Ambassador Mamdouh Sallman said, Egypt has attached great importance to cooperation with China for a long time, especially in the economic and trade fields; Sino-Egyptian trade has been increasing for many years. Now, under the framework of the Belt and Road Initiative, the Egyptian embassy also hopes to provide more useful information and convenient conditions for Chinese companies to export and invest in Egypt.

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Embassy Mamdouh Sallman is also very concerned about the difficulties the company encountered in the export process, and made constructive suggestions in general for the company to expand the Egyptian business. Yeshuai Yu expressed his deep gratitude for the views of Embassy Mamdouh Sallman and for the important role played by the Egyptian Embassy in promoting Sino-Egyptian trade. He hopes to seize the opportunity of the Belt and Road Initiative to carry out closer cooperation with Egypt and other African countries. 

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During the talks, the two sides also exchanged views on Egypt's important strategic position. Egypt, as one of the four ancient civilisations, located in the traffic centre of Asia, Europe and Africa, achieves stable development with EU trade relations in recent years, based on traditional trade with African countries for a long time. Therefore, to a certain extent, Egypt can become a gateway to Africa and Europe for Sino Steel, and so that it can expand the overseas market in Asia and Europe, and promote the growth of Sino-Egyptian bilateral trade. 



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