Germany rejects to impose dumping duties on Egyptian exports

Peter Micheal Dingtiz, the German ambassador in Cairo, confirmed that Egypt is one of the most important trading partners for Germany in the Arab region and that the volume of trade exchange between the two countries is on the increase.

During his meeting with the Egyptian Industrial Federation yesterday, he said that volume of direct German investment in Egypt has reached 450 million pounds, focused on the automotive industry and spare parts.

The German ambassador confirmed that Germany refused to impose dumping duties on Egyptian exports.