08/04/2014

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Exporters and experts ltc 80 warned of the repercussions of the decision of the company Maersk Global, converting lines to the port of navigational Malta instead of East Port Said after increasing labor strikes, expecting the decline in exports during the next year as a result of the increase of production and export disabled.
Issa pointed out that the closure of the port will cause losses for exporters and the Egyptian economy and the shipping companies, and called on the armed forces ltc 80 to intervene rapidly and operation of the port to ensure the continuation of export to the European market, both Egyptian exports, whether agricultural, chemical or clothes.
He stressed that the Egyptian exports have become the main source of foreign currency, which has achieved over the past year about 27 billion dollars, pointing to a decline in direct investment ltc 80 during the current year to a level zero along with the decline in tourism, and that they contribute to the provision of a large part of foreign exchange previously .
Said Hani Birzi, head of the Export Council for Food Industries previously, the transfer rates were not covering the needs of exporters in the past, and there were demands for increased transport the rapid sea to Europe, thus contributing to increase the rate of exports, but with the closure of the port of East Port Said rose burdens operations export to overseas exporters.
Said Mohamed El Akkad, head of one of the shipping companies, the company Maersk made a decision to transfer between 20 and 30% of its activity to Malta as a result ltc 80 of irregular work in the port of East Port Said , expecting to return again with the stability conditions of the workers.
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08/04/2014
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