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Egypt, Germany Discuss Economic Cooperation


Sun 01 Dec 2024 | 11:26 AM
Ahmed Emam

Egypt's Minister of Investment and Foreign Trade, Hassan el Khatib, conducted a review of the economic progress in Egypt, along with the financial, industrial, and trade policies implemented by the Egyptian government.

This review followed his visit to Germany, during which he engaged in discussions with the state minister for economic affairs in North Rhine-Westphalia regarding the enhancement of cooperation in trade and investment sectors, as stated in a press release dated Saturday, November 30, 2024.

He underscored the significance of bolstering economic and trade relations between Egypt and North Rhine-Westphalia, which is recognized as Germany's most populous state.

Khatib and the NRW minister inaugurated the first session of a joint economic summit, attended by 100 German companies expressing interest in the Egyptian market.

Khatib extended an invitation to all participating companies to explore the investment opportunities available in Egypt.

He highlighted the key outcomes of the economic reform initiatives undertaken by the Egyptian government.