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Gamea, Italian ambassador discuss development cooperation programs
31 July 2020  -  Organization :  -  Sector/Entity :  -  Category : General

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A delegation of top Italian companies is set to visit Egypt in the near future to discuss potential trade and industrial partnerships with Egyptian counterparts.

Cairo- July 31, 2020

Minister of Trade and Industry Nevine Gamea has held a virtual meeting with Italian Ambassador to Egypt Giampaolo Cantini, in the presence of Head of the Italian Trade Agency in Cairo Francesco Pagnini, to discuss means of boosting economic ties between Egypt and Italy in the current period

The meeting also reviewed the progress of mutual development cooperation programs in the fields of technology transfer, SME development especially industrial ones, training and technical assistance.

Gamea said that a delegation of top Italian companies is set to visit Egypt in the near future to discuss potential trade and industrial partnerships with Egyptian counterparts.

The minister also added that coordination is underway between the two governments to operate a roll-on/roll-off (ro-ro) shipping line to facilitate the transfer of goods, especially agricultural ones, between Egypt, Italy and Europe.

According to official figures, Egypt-Italy trade registered $1.827 billion during the first half of 2020, including $636 million of Egyptian exports and $1.191 billion of imports from Italy.

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