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Egypt, Senegal trade ministers co-chair inaugural business council meeting
9 July 2021  -  Sector :  -  Entity :  -  Category : Trade News

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Trade ministers of Egypt and Senegal witnessed the signing of a protocol for the establishment of the Joint Business Council, and chaired its first meeting.

Dakar- July 9, 2021

Minister of Trade and Industry Nevine Gamea and Senegalese Minister for Trade and Small and Medium Enterprises Aminata Assome Diatta have witnessed the signing of a protocol to establish the Egyptian-Senegalese Joint Business Council.

The protocol was signed by Khaled el-Mikati, chairman of the Egyptian Exporters Association (Expolink) and head of the Egyptian side in the Joint Business Council, and Ibrahima Diagne, for the Senegalese side.

The two minister co-chaired the first meeting of the joint business council, held within the Egypt-West Africa Business Bridge Forum.

“Egypt deems Senegal one of the pivotal countries in West Africa,” Gamea said, noting that the Egyptian-Senegalese Business Council is one of the first established with a West African nation.

The meeting discussed potential cooperation opportunities between the two countries and the obstacles facing mutual trade, which registered $67.6 million in 2020, with the aim of boosting it to more than $200 million over the next three years.

The Senegalese side, moreover, was invited to visit Egypt to hold the second meeting in Cairo, as well as conduct field visits to Egyptian factories to get acquainted with the country’s industrial capabilities in various sectors.

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