Egypt, Japan Seek To Promote Trade Relations

Minister of Trade and Industry Amr Nassar expressed Egypt's keenness to further cultivate and foster the economic and trade relations with Japan, especially after the successful visit of President Abdel Fattah El Sisi to Japan for the Tokyo International Conference on African Development, TICAD.

In a meeting with Isozaki Yoshihiko, Japan's State Minister of Economy, Trade and Industry, Nassar stated that the two countries will form an Egyptian-Japanese working group to promote increased cooperation, pointing out the need to build on the results of President Sisi's recent visit to Tokyo.

Japan's Ambassador to Egypt Masaki Noke and Yutaka Inoue, Managing Director of the Japan Cooperation Center for the Middle East, attended the meeting along with Osamu Kubota, Director of Japan External Trade Organization, and Ahmed Antar, Head of the Trade Representation of Commercial Offices.

[caption id="attachment_77799" align="aligncenter" width="960"] Nassar during a meeting with Japan's State Minister of Economy, and Ambassador Masaki Noke [/caption]

The Egyptian minister extended his invitation to the Japanese delegation to attend the summit on industrialization in Africa which will be part of the Invest in Africa forum, scheduled to be held this November, stating that it will present an ample opportunity for Japanese investors to identify the manufacturing conditions and industrial challenges facing the continent.

Isozaki stressed his country's keenness to increase and stimulate Japanese investments in Egypt, stating that this meeting comes within the framework of a series of meetings the Japanese delegation is holding with a number of Egyptian officials on the sidelines of the fifth edition of the Japan-Arab Economic Forum, which takes place in Cairo with more than 250 participants, including 100 Japanese businessmen, to support and promote joint Arab-Japanese economic cooperation.