"The Role of Guarantee in Supporting Egyptian Exports and Exporters"

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Title	"The Role of Guarantee in Supporting Egyptian Exports and Exporters"
Event Date	17 October, 2023
Description	Apparel Export Council of Egypt in cooperation with Export Credit Guarantee Co. of Egypt, organized "The Role of Guarantee in Supporting Egyptian Exports and Exporters" workshop. Several topics were discussed: Defining the concept of export guarantee, its advantages and importance, and what are the guarantee products, whether for the local or the international market, In addition to the types of guarantee documents provided by Export Credit Guarantee Co. of Egypt, which plays a major role in developing foreign trade and private sector in Egypt, provides comprehensive services and support to exporters and assists them in managing, protecting, and financing their receivables. The workshop has been organized within the importance of guaranteeing exports in global markets which is one of the most effective tools to protect companies from the non-payment risks, that have been increased significantly during the past period since the Covid pandemic, and other changes in global dynamics. The workshop opened by Mrs. Sherin Hosni, AECE Executive Director, Mr. Ahmed Gomaa, Head of Internal Audit at EGE, Mr. Mohamed Shabana, Assist General Manager for Compliance & Governance & MLRO at EGE.