The Foreign Trade Training Centre

The Foreign Trade Training Centre (FTTC) operates under the auspices of the Egyptian Ministry of Trade and Industry. The FTTC currently trains more than 2,400 people with international trade programmes designed to enhance exporters’ knowledge and skills concerning current global economic and trading environments. Its agreement with the Institute of Export (IoE) will allow its trade members to be accredited by the Institute and benefit from the brand and its expertise.

The Memorandum of Understanding sets out a framework of activities which will be carried out with the FTTC. This includes developing programmes of education for its students, improving the performance and knowledge of the trainers and devising systems to measure the performance and development of the FTTC in general. The ultimate goal will be for the FTTC to operate a branch of the IoE covering Egypt, North Africa and parts of the Middle East.

Successful candidates of the programmes will become IoE graduates and will join an alumni of business people who have met one of the highest benchmarks in international trade knowledge. It is hoped that within the first year more than 200 people will undertake some form of IoE accredited training.

Chairman of the Institute of Export, Andy Nemes met with two of the representatives of the Egyptian Ministry of Trade & Industry, to sign the Memorandum of Understanding. Dr Saïd Harb, Executive Director of FTTC and Board Member Hala H Shawarby flew to London to sign the Memorandum and mark the alliance between the two trade bodies. The signing was hosted by Barclays and took place on the 30^th floor of their HQ in Canary Wharf.

Andy said: “This agreement is an acknowledgement of the quality of the training opportunities provided by the Institute and the reputation associated with the brand. We are delighted to get partner FTTC in Egypt and share our knowledge of international trade training with a wider audience.

“If the UK is to remain globally competitive, its ability to be a major player in the world of international trade is vital and this is just one of the ways forward to achieving that status. The alliance has received the full support of the UKTI and the Egyptian Ministry of Trade and we look forward to building on the relationship over the next three years.”

FTTC Executive Director Dr Said Harb, who has extensive experience in foreign trade and export development, said: “I am proud to be here today to sign this agreement, and look forward to joining forces with the Institute of Export to enhance export performance in Egypt and the neighbouring countries enhance competitiveness”.

This alliance is part of the Institute’s wider strategy to increase its presence in countries across the globe. Its office in Hong Kong recently hosted its first AGM and is increasing its membership daily. The Institute is constantly seeking to improve its education programmes to benefit international trade throughout the UK and across the globe.

Source:http://www.export.org.uk/newsdesk/press