The meeting discussed cooperation in the manufacture of palm
oil, as well as timber and rubber industries.
July 6, 2021
Minister of Trade and Industry Nevine Gamea has met with Muhammad
Khairuddin Bin Aman, the Malaysian minister of plantation industries and commodities,
and his accompanying delegation currently visiting Egypt to meet with senior
officials for cooperation talks.
The meeting explored the country’s development plans and the national
projects implemented by the government. It also discussed cooperation in the manufacture
of palm oil, as well as timber and rubber industries.
The two ministers agreed to form a working team from both sides,
in coordination with the Egyptian Commercial Office in the Malaysian capital Kuala
Lumpur, to follow up on mutual cooperation issues and prepare a framework
memorandum of understanding specifying areas of joint cooperation during the
According to official date, Egypt-Malaysia trade amounted to $503
million in 2020; goods exchanged between the two countries include: vegetables,
fruits, herbs, spices, phosphates, fertilizers, chemicals, palm oil, petroleum
and mineral oils, rubber and yarn.
Malaysian investments in Egypt stand at $60 million in 26
companies operating in the fields of oil, gas, electricity, contracting, trade,
tourism and information technology.