Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Sisi, Ghana's President Envoy Discuss Bilateral Trade, Investment Co-op Relations


Tue 05 Jan 2021 | 11:17 PM
H-Tayea

On Tuesday, Egyptian President Abdel Fattah El-Sisi held a meeting with Ghanaian President's Envoy Annan Cato, in Cairo to discuss a number of common files, according to the Presidency spokesman, Bassam Rady.

The meeting was attended by Abbas Kamel, Chief of General Intelligence Service.

In a statement, the spokesman said that the meeting touched on a number of bilateral cooperation files between Egypt and Ghana, especially with regard to trade and investment relations.

During the meeting, they also exchanged their points of views on dealing with the repercussions of the coronavirus pandemic, as well as Egypt's role in supporting Ghana's efforts in many development projects.

President Sisi praised the relations between Egypt and Ghana at the political, economic, security and cultural levels. He highlighted the importance of continuing to enhance trade exchange and investments between the two countries.

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The spokesman added that Sisi requested his greetings to be conveyed to the Ghanaian President Nana Akufo Addo, stressing that Ghana enjoys a special status with the Egyptian people.

On his part, the Ghanaian envoy voiced his honor to meet President Sisi, conveying to him the greetings of his  Ghanaian counterpart.

Cato also highlighted the historical and extended ties linking the two brotherly countries and peoples together, appreciating the Egyptian pivotal role in establishing stability, security and peace in the African continent.

He also affirmed his country's keenness to develop relations with Egypt, especially the trade and economic ties, in accordance with the depth of the political relations between the two countries. He also lauded the activity of Egyptian companies in Ghana in the fields of construction, energy, and mining.

The African Free Trade Agreement came into force on May 30, 2019, after member states met the ratification required for implementation, and completed the technical issues for practical application, which is expected to begin by January 2020.

AfCFTA agreement aims to ease the trade exchange between the countries that signed it according to a scheduled timeline and not through an immediate activation of the agreement. It is considered to be the biggest deal ever signed since the World Trade Organization (WTO) was established as it was signed by 43 countries.