Signing a contract for exporting food products to Iraq of 100 million L.E

A contract was signed for exporting Egyptian food products to Iraq worth 100 million L.E (1 US dollar equals 3.50 L.E).

Adel El-Shahawi, the head of the holding company for the Egyptian food industries, said that these products comprising 30,000 tones of Ghee and 7,000 tons of detergents as well as 6,000 of toilet soap.

This contract was sent to the foreign ministry to pave for taking the necessary procedures for its ratification from the oil food committee affiliated to U.N.

He added that it is expected to export these quantities before the end of coming January, clarifying that by implementing this transaction the total exports of the Egyptian food products to Iraq will reach 1,3 billion L.E. Egypt exported to Iraq food products of worth 1200 million L.E during the last 4 years.