BMTI S.c.p.A. takes part, as affiliate partner, in the project EUROMED Invest financed by the European Commission, from December 2013 to December 2016. The project is carried out by the Med Alliance consortium and it is coordinated by ANIMA Investment Network. Euromed Invest aims to encourage private investments and economic relations in the Mediterranean area.
In the framework of EUROMED Invest has carried out initiatives that have the objective to improve a balanced development of the economic relations among the enterprises of the agrifood sector established in the Countries of both the Mediterranean shores.
The Initiative EXPO Mentoring programme aimed to exchange know-how between BMTI S.c.p.A. and five Egyptian organizations about the tools that may enhance business relations, improve the market's transparency and the efficiency of the supply chains, focusing on commodity exchanges and standard contracts.
The Egyptian organizations that took part in the programme are: the Egyptian Federation of the Chambers of commerce (FEDCOC), the Chamber of commerce of Alessandria, the German-Arab Chamber of commerce and industry, the Confederation of Egyptian European Business Associations (CEEBA) and the Authority of the development for the Internal Trade of the Egyptian Minister of Internal Trade and Supply (ITDA).
The mentorship took place in Milan on the 20th and the 21st October 2015 in combination with two promotional events organized by BMTI S.c.p.A. with the Ministry of Agriculture and Unioncamere at EXPO.
BMTI S.c.p.A. was able to share with the Egyptian organisations its know-how on commodity exchanges, the negotiations of agrifood products and the monitoring of markets.
The will of BMTI S.c.p.A. and of the Egyptian organisations involved in the mentoring to collaborate in the improvement of market transparency and development, brought to the signature, on November 12th 2015 in Cairo, of a Memorandum of Understanding between BMTI S.c.p.A. and the Ministry of the Internal Trade and Supply of the Arab Republic of Egypt aimed at the set up commodity exchanges in Egypt.