Search
Close this search box.
Search
Close this search box.

MAIN MENU

Investment Minister Stresses Importance of Regulating Import, Export Mechanisms to Achieve Sugar Market Stability

Cairo: Minister of Investment and Foreign Trade Mohamed Farid Saleh emphasized on Wednesday, March 11, 2026, that the stability of Egypt's sugar market begins with a balanced regulation of import and export mechanisms. The approach aims to strike a balance between supporting local production and meeting market needs.

According to State Information Service Egypt, the minister stressed the state's commitment to promoting investment in the food industries and ensuring the sustainability of supply chains. This was highlighted during a meeting with the heads of sugar production companies in Egypt, where discussions centered on the current situation of the market and exploring ways to enhance the balance between local production and consumption demands.

The meeting focused on developing balanced mechanisms for regulating imports and exports using trade policy tools, as part of the ministry's efforts to support domestic industries and regulate trade to ensure market stability. Farid emphasized the importance the state places on the value chains of strategic goods, especially sugar, and highlighted the necessity of continuous coordination with the private sector to ensure the regularity of production and availability of goods in the market.

Farid also pointed out that the ministry is continuously studying the cost economics in the food industries sector to guarantee the sustainability of production entities. The meeting addressed the actual changes in production costs, affected by current economic pressures, and discussed ways to achieve a strategic balance that considers both the interests of producers and consumers.

Additionally, the session reviewed production developments in the companies and discussed the regulations governing the trading and distribution of sugar in the domestic market. These efforts are part of the government's ongoing initiatives to ensure the product is available in sufficient quantities and to achieve a balance between production and consumption.

MOST POPULAR POSTS