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ECS chief participates in 2nd AIM AFRICA
1 July 2021  -  Organization :  -  Sector/Entity :  -  Category : Trade News

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The two-day, virtual conference deeply explored the developmental potential of the African continent and highlighted its huge opportunities.

Cairo- July 1, 2021

On behalf of Minister of Trade and Industry Nevine Gamea, Ahmed Maghawry, head of the Egyptian Commercial Service (ECS), participated in the 2nd regional edition of Annual Investment Meeting, held via video conference in the United Arab Emirates, on June 29-30.

Entitled "AFRICA Unlocked: Innovation & Sustainability as the Drivers of Economic Growth,” the two-day, virtual conference deeply explored the developmental potential of the African continent and highlighted its huge opportunities that can serve as key sources of economic progress, not only for the region, but for the world.

The discussion also included issues related to how the African Continental Free Trade Area (AfCFTA) may be harnessed to promote greater coherence and coordination on investment regulation, that may help attract more investments from within the continent and beyond.

Maghawry stressed Egypt's keenness to activate the AFCFTA with the aim of achieving regional economic integration, noting that Egypt was one of the first signatories to the agreement, and had played a key role in bringing it into force during its presidency of the African Union.

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