Egypt-Belarus Trade Exchange Reaches $74 Mln in 1H

The 6th session of Egypt-Belarus joint committee for the economic, commercial, scientific, and technical cooperation kicked off earlier today Tuesday.

The Egyptian side is headed by Ahmed Antar, the first deputy minister of trade and industry and head of the Egyptian Commercial Service (ECS), and the Belarusian one is chaired by the first deputy of the Belarusian Ministry of Trade Vladimir Kultovich.

In press statements, Antar said that the two-day Egyptian-Belarusian joint committee meetings aim at drawing up an action plan to implement the roadmap signed between the two countries and translating all initiatives and agreements into concrete projects that support the joint economic cooperation system and serve the interests of both countries.

He also added that the current committee meetings will discuss ways to boost bilateral cooperation between the two countries in trade, investment, agriculture, industry, electricity, energy, telecommunications, information technology, scientific research, education and culture fields.

The economic and trade relations between the two countries have witnessed positive developments over the past period, a matter reflected through the intensive mutual visits at both the official and business levels, in addition to increasing the number of Belarusian tourists in Egypt, according to the Egyptian official.

On his part, Kultovich praised the historic visit of Egypt’s president Abdel Fattah El Sisi to the Belarusian capital Minsk last June.

He also noted that about 212 thousand tourists have visited Egypt during this current year, which represents 30% of the total Belarusian foreign tourism.

Moreover, the volume of Trade exchange between Egypt and Belarus raised by 36% during the first half of 2019 to reach $74 million, according to the Russian official.

The session was attended by Egypt ambassador to Russia Ehab Nasr, the head of the ECS office in Russia and Belarus Nasser Hamed, as well as representatives from trade, industry, electricity, military production, communications, and agriculture ministries.