Minister of Investment and Foreign Trade Mohamed Farid Saleh held talks with Belarus Ambassador Yevgeny Sobolevsky on expanding economic cooperation and industrial partnerships.
Farid said Egypt is working to deepen local manufacturing and attract value-added industrial investments to support growth and improve competitiveness. He added that the government supports technology localization and applies strict standards on food safety and consumer protection.
The talks covered cooperation in manufacturing and assembling heavy equipment such as tractors, trucks, and buses, with existing production lines already reaching local content levels of up to 45%.
Both sides also discussed increasing Belarusian food exports to Egypt, including dairy products and baby food, in line with regulatory standards.
They agreed to reactivate the joint industrial cooperation group, prepare for the next session of the Egypt-Belarus joint committee, and strengthen ties between business communities.
A joint business forum is scheduled to take place in Minsk on May 7 to present investment opportunities and build partnerships between companies from both countries.
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