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How to do business with Egypt

2021-01-20 Egipto - Karim Nazih
The second season of Interviews begins in which we bring you business opportunities, trends, tools and valuable information so that you have a broad view of what is happening in the world and can make valuable decisions in your company, whether it is located in Colombia or in Latin America, so that you can start the road to success. internationalization.

In the live edition of January 20, we will talk with Karim NazihKonnekt's international business manager, who directly from EGYPT 🇪🇬 will put us in context on how to do business with this country, which is a very interesting player to internationalize SMEs in Latam.

Karim Nazih
Konnekt International Business Manager
Egypt
20-Jan/21
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The video features an interview with an international trade expert from Egypt. Business opportunities, free trade agreements, investment projects and the political and economic stability in Egypt are discussed. The importance of market and cultural knowledge in negotiating with Egyptian businessmen is emphasized and you are invited to contact the expert for more information.

00:00 - Business opportunities in international trade

  • 00:00 - The second season of interviews with international trade experts begins.
  • 00:16 - The aim is to bring Latin American companies closer to business opportunities in other markets.
  • 01:21 - A project to internationalize Latin American companies in the Chinese market will be launched tomorrow.
05:55 - Business opportunities in Egypt and Africa

  • 05:57 - Egypt is a strategic gateway to Africa with free trade agreements.
  • 06:14 - Egypt offers commercial opportunities with attractive markets and international agreements.
  • 11:05 - Egypt's profile includes its territorial extension, official language and relevant economic data.
11:51 - Egypt's economic and trade opportunities

  • 11:55 - Egypt has a strategic location and access to global markets.
  • 13:11 - Egypt has a developed infrastructure and skilled labor force.
  • 14:37 - Egypt is involved in economic development projects in Africa and has free trade agreements.
17:46 - Economic and political development in Egypt

  • 17:46 - Harmonious development of fair economic relations.
  • 17:50 - Establishment of institutional mechanisms to resolve commercial problems.
  • 18:39 - Egypt initiates economic reforms following political stabilization in 2015.
23:38 - Investment opportunities in Egypt

  • 23:3 - 8Business opportunities to export and enter international markets.
  • 25:09 - Major projects in agriculture, mining, construction, furniture industry and transportation in Egypt.
  • 27:56 - Egypt offers a favorable investment environment with high-value projects and growth potential.
29:31 - Investment and Business Opportunities in Egypt

  • 29:31 - Some manufacturers are considering investing in Egypt to take advantage of free trade agreements.
  • 30:59 - The Egyptian government offers tax incentives and reduced bureaucracy to attract foreign investment.
  • 32:17 - Colombia has commercial opportunities in Egypt, especially in exports of minerals and meat products.
35:27 - Growth opportunities for Colombian companies in the Egyptian market

  • 35:49 - Brazil exports millions of dollars worth of products to Egypt, mainly cereals and meat.
  • 37:13 - Egypt has a population of 100 million with a demand for meat and meat products.
  • 40:30 - Egypt offers a favorable investment environment and access to a market of 1.6 billion consumers.
41:23 - Business opportunities in Egypt and current political situation

  • 41:26 - Egyptian market offers business opportunities for Colombian companies.
  • 43:40 - Political situation in Egypt has improved since 2015, with economic stability and projects under development.
  • 46:46 - Barriers to entry into the Egyptian market depend on the demand and protection of the local industry.
47:18 - Facilitating business start-ups in Egypt and tips for negotiating with local entrepreneurs.

  • 48:17 - Importance of knowing the culture and market dynamics in Egypt to negotiate.
  • 49:34 - Setting up a business in Egypt is relatively easy if it is aligned with market demand.
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¡La internacionalización es el camino!

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