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In recent years, Egypt in has taken tremendous steps to modernize its economy by reducing red tape, making key changes to its tax and customs systems, improving business services, and developing strategies to increase investment in Egyptian industries. The USAID Trade Reform and Development in Egypt (TRADE) project builds on these investments to help Egyptian business comply with global trade regulations and access international markets. The project is improving trade and investment policy while reducing trade barriers. Implemented by Palladium with support from Venture37, the project supports the Government of Egypt in tackling complex trade investment issues to boost exports and drive economic growth. TRADE partners with both public and private sector Trade Support Institutions such as business associations and export councils to strengthen trade services for small and medium exporters. Through technical advisory services and food safety trainings, the project helps enterprises access new markets and comply with international requirements. Venture37 also provides demand-driven technical assistance and training to Egypt's National Food Safety Authority (NFSA), and aids in the development of food safety policy recommendations to support Egypt's compliance with international trade agreements.
TRADE is advising more than 300 New and Expanding Export-Ready Enterprises (NEEREs) to improve compliance with international standards, increasing market entry and export revenue.
To expand market access of Egyptian goods, TRADE is providing comprehensive food safety trainings and technical support services, strengthening both public and private sector institutions.
By developing and supporting regulatory reforms, TRADE is working to reduce the time and cost of import to Egypt by up to 60 percent.
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