Egyptian-Canadian Business Council plans new export initiative to expand Egyptian products in Canada.
Egyptian and Canadian business leaders during talks aimed at boosting trade and investment cooperation.
The Egyptian-Canadian Business Council is planning to launch a new export initiative aimed at helping Egyptian products enter the Canadian market and expand trade between the two countries.
The Egyptian-Canadian Business Council is planning to launch a new “Canadian Export Track” within Egypt’s export councils to support the entry of Egyptian products into the Canadian market and increase export volumes amid growing trade and investment ties between the two countries.
Speaking to Al Borsa newspaper, the council’s chairman Moataz Raslan said the proposed initiative aims to help Egyptian exporters meet Canadian market requirements through a comprehensive framework covering customs classification, certificates of origin, packaging, labeling, and food inspection procedures.
Raslan said the initiative is designed to simplify export procedures and improve the competitiveness of Egyptian products in Canada.
According to Raslan, the proposed track would provide exporters with practical support to ensure their products comply with Canadian market requirements.
Key requirements the initiative is expected to help Egyptian exporters navigate.
Raslan said several sectors are expected to attract strong joint Egyptian-Canadian investments in 2026, reflecting the growing depth of economic cooperation between the two countries.
Areas expected to see stronger Egyptian-Canadian cooperation in 2026.
He noted that Canadian investors increasingly view Egypt as both a major consumer market and a strategic logistics hub due to its geographic location, the Suez Canal, competitive labor market, and growing opportunities in energy, mining, and education.
Egypt is increasingly viewed by Canadian investors as both a major consumer market and a strategic logistics hub.
Moataz Raslan
Despite growing interest, Raslan said Canadian investments in Egypt still face several challenges that need to be addressed to strengthen investor confidence and accelerate business activity.
Investors continue to seek faster and more predictable administrative procedures.
Greater clarity on tax treatment is seen as important for long-term planning.
Faster clearance procedures could improve the flow of goods and reduce costs.
Predictable mechanisms for transferring profits remain key for foreign investors.
Currency stability remains a central factor in investment decisions.
Clearer licensing procedures would help reduce uncertainty for investors.
Stronger IP safeguards are important for technology-driven sectors.
Raslan stressed that addressing these issues would further strengthen Egypt’s attractiveness to foreign investors.
Raslan said the Canadian market offers significant opportunities for Egyptian exports, particularly citrus fruits, frozen vegetables, and processed food products.
He revealed that the number of Canadian companies operating in Egypt currently ranges between 779 and 938 firms across sectors including petroleum, gas, mining, environment, and petrochemicals.
According to Raslan, bilateral merchandise trade rose to 966 million Canadian dollars in 2025, marking a 22.3 percent increase compared with 2024.
He added that Egyptian exports to Canada surged by 167 percent in January alone, reaching 81.6 million Canadian dollars compared with 30.6 million Canadian dollars during the same period last year, citing data from Statistics Canada.
The business council recently hosted a high-level Canadian economic delegation that included 15 senior executives specializing in real estate, healthcare, furniture, and education sectors.
The proposed export track reflects a broader push to turn growing Egypt-Canada ties into practical trade gains, helping Egyptian products meet Canadian standards while positioning Egypt as a stronger investment and export hub.
