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Heba Press – agencies
The Arab Society for Investment Guarantee and Export Credit (Daman) said the value of trade in goods and services in the Arab region is expected to decline 22 percent to $ 1.8 trillion during the year. year 2020, due to the emergence of the coronavirus and the accompanying measures. .
Today, Monday, the company said in its first quarterly report for 2021 that the drop was mainly due to a drop in exports of 27.3% and imports of 16.2% over the same period.
The export decline rates of Arab countries are likely to be between 7.7% and 51.1% during the year 2020, according to the report.
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