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Egypt-Kazakhstan business forum kicks off in Sharm al-Sheikh
7 February 2021  -  Sector :  -  Entity :  -  Category : General

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Egypt-Kazakh trade amounted to $97.7 million in 2019, Gamea says.

Cairo- Feb 7, 2021

“Egypt and Kazakhstan have always enjoyed distinguished political relations and close historical ties,” Minister of Trade and Industry Nevine Gamea said in a keynote speech delivered by Assistant Minister Ibrahin al-Sigini on her behalf, at the Egyptian-Kazakh Business Forum held in Sharm al-Sheikh.

She highlighted the pivotal role of business communities in both countries in translating the commercial and investment opportunities available into real cooperation projects that benefit the Egyptian and Kazakh economies.

Gamea also stressed the need to do more effort to increase bilateral trade, which amounted to $97.7 million in 2019.

The event was attended by Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Almas Aidarov and a large number of Egyptian and Kazakh companies; and organized by the ministries of trade, foreign affairs, international cooperation, the South Sinai Governorate, and the General Union of Egyptian Chambers of Commerce in coordination with the investment committee at the Kazakh Ministry of Foreign Affairs, joint stock company "Kazakh Invest", and the Chamber of International Commerce of Kazakhstan.

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