Egypt's Role in Global Trade
The article discusses a field visit conducted by Egypt's Minister of Transport, Kamel El-Wazir, and his French counterpart, Philippe Tabarot, to the Tiaa Masr Terminal at the Port of Alexandria, managed by the French company CMA CGM. The visit aimed to strengthen cooperation between the two countries in the maritime transport and ports sectors. The terminal, which handles 1.5 million equivalent containers and 15 million tons of cargo, emphasized its economic importance in supporting transshipment trade in the Eastern Mediterranean and creating over 1,000 direct and indirect jobs. It also highlighted the development of an integrated digital system for managing operations to achieve the highest levels of efficiency and performance, with a focus on Egypt's strategies to transform the country into a regional transportation and logistics hub. Both sides underscored the need to enhance the Egyptian-French partnership in port management and operation, infrastructure development, and expansion of global shipping routes, all serving Egypt's goals of increasing its share in transshipment trade and reinforcing its position as a global logistics center.
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