PPI Signs 950 Ton Coffee Export Contract To Egypt

PT Perusahaan Perdagangan Indonesia (PPI) member of ID Food signed a 950-ton coffee export cooperation contract to Egypt at the Trade Expo Indonesia (TEI) 2023 at ICE BSD on Thursday, October 19.

The signing was carried out by Edhy Rizwan, Director of Commercial and Development of PPI consisting of two cooperation contracts, namely the Haggag Import Company represented by Mohamed Sayed Hassan Haggag, Director of Haggag Import Company and El Nada for Export & Import represented by Khaled Mostafa Radwan Ismail, Director of El Nada for Export & Import with greenbean coffee commodities.

Edhy Rizwan explained that each of the contracts contained 475 tons of coffee export plans for Haggag Import Company and 475 tons of El Nada for Export & Import.

It is known that PPI began to export coffee since 2016, and regularly from 2018 - 2023 with the aim of exporting to Egypt.

"This cooperation contract is expected to continue and run according to plan, and encourage increased exports in other commodities," said Edhy Rizwan.

In May 2023, as the Implementing Body, PPI's trade returns have released its initial coffee exports with a trade returns scheme facilitated by the Ministry of Trade of the Republic of Indonesia to Egypt as much as 25 tons worth 60,000 US dollars, which is combined with 50 tons of dates from Egypt worth 60,000 US dollars.