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Gamea participates in Egypt-Zambia business forum
22 December 2020  -  Sector :  -  Entity :  -  Category : General

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The government is implementing a comprehensive strategy to develop joint cooperation and achieve regional economic integration with African countries.

Cairo- December 22, 2020

Minister of Trade and Industry Nevine Gamea has taken part in the virtual Egyptian-Zambian business forum, with the participation of Zambia’s Minister of Commerce, Trade and Industry Christopher Yaluma, Chairman of Egyptian Businessmen Association (EBA), Egypt's ambassador to Zambia, and head of the Egyptian Commercial Office in the capital Lusaka, as well as representatives of Egyptian and Zambian companies.

“Organizing this forum at the present time is a positive step to encourage bilateral trade and investment between Egypt and Zambia,” Gamea said, noting that the volume of trade between the two countries reached $250 million last year.

Businesses in the two countries, she added, need to take advantage of the opportunities available in both markets, and to identify the comparative advantage that each country has in a lot of fields.

The minister further pointed out that the government is implementing a comprehensive strategy to develop joint cooperation and achieve regional economic integration with African countries, especially in light of the benefits provided by the Common Market for Eastern and Southern Africa Agreement (COMESA).

 

 

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