With news of Russia’s sanctions on Turkey, Egypt has quickly stated its intentions of wanting to replace Turkey’s imports to Russia.
In a statement made on Sunday, Tarek Qabil, Egypt’s Minister of Industry and Foreign Trade said he was going to look at a list of Turkish imports that Moscow had sanctioned. This was in the hope that Egyptian manufacturers will fill the void.
With Turkey providing fruit, vegetables, clothing and leather to Russia, Qabil has full confidence Egypt can replace these Turkish items.
The Egyptian minister requested a list of products required ahead of a visit to Egypt by Russian importers, during which discussions could be held on how demand might be met. Russian importers and Egyptian exporters could be introduced as a means of promoting trade.