Egypt Export Marketplace for products & services  •   Log in | Sign up  

Export Egypt Home
made in Egypt Egypt products
  Home  |  Products  |  Business Center  |  News   |  Events   |  My Account Follow us on Facebook
Products and vendors Services and providers Oil & Gas Software and publications

Egypt Minister of Trade and Industry Discusses Cooperation with German Ambassador
Source: 6/21/2018

Minister of Trade and Industry Amr Nassar met with Julius Georg Luy, the German ambassador in Egypt, to discuss the future of economic cooperation between Egypt and Germany in the trade and industrial sectors.

“The ministry seeks during the coming period to open up to more foreign investments, particularly from the EU, Egypt’s top trade partner,” Nassar said. He also stressed the importance of fostering cooperation between countries across the Mediterranean Sea.

Georg, for his part, pointed to possible cooperation between Egypt and Germany mainly in technical and vocational training, given the latter’s vast expertise in this area.

According to official data, trade between the two countries hit €5.814 billion in 2016, up 5% from €5.568 billion a year earlier.

German investments in Egypt amount to $641 million in 1,080 projects in the fields of manufacturing, services, agriculture, construction, communications, IT and financing; whereas Egyptian investments in the EU country are worth $35.5 million in different areas.

Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 

Export Egypt - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us