Area
Egypt
Commodity Group
Oilseeds, oils and meals
Commodity
Olive oil, olives
Date
01/03/2018
Policy Category
Production
Policy Instrument
Sector development measures
Description
Signed the Sixth International Agreement on Olive Oil and Table Olives, thereby regaining full membership in the International Olive Council and securing access to grants in support of domestic olive production.
Notes
Egypt signed the Sixth International Agreement on Olive Oil and Table Olives (see MPPU Feb.17), thereby regaining full membership in the International Olive Council, IOC. According to media reports, under the agreement, Egypt will benefit from financial grants to support domestic olive production, including a new initiative to promote cultivation in the Western Desert. In recent years, the countrys partly export-oriented olive oil industry has expanded gradually.
