Plan to increase investments, trade with Poland

A plan was crafted for doubling the volumes of Egyptian-Polish investments and trade to one billion dollars by 2017, instead of 500 millions in 2015, head of Egypt's trade bureau in Warsaw said Thursday.

Speaking to the visiting Egyptian mission to Warsaw, Abdel-Aziz el Sherif said the plan included doubling the Polish investments in the Egyptian markets to promote Poland's status as the 20th largest investing state in Egypt instead of its current 77th rank.

El Sherif said there was an increase in the trade exchange between the two countries, which doubled from 50.3 million dollars in 2010 to 109.3 millions in 2015, according to the Polish statistics, and it was expected to further increase to 250 millions by the end of 2016 and 400 millions in 2017.