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Samir, EU parliament member discuss further cooperation
19 September 2022  -  Sector :  -  Entity :  -  Category : General

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The meeting has discussed promoting joint relations with the EU and recent global economic developments.

Cairo- Sep 19, 2022

Minister of Trade and Industry Ahmed Samir has received Antonio López-Istúriz, member of the European Parliament (MEP) representing the Spanish centre-right People's Party, who is currently visiting Cairo.

The meeting discussed promoting joint relations with the EU at bilateral and multilateral levels, as well as recent global economic developments.

“Egypt is keen on expanding cooperation with the EU, one of its main trading partners regionally and internationally,” Samir said, noting that bilateral trade hit $29.6 billion in 2021, up 24.5% from a year earlier.

The EU, he pointed out, is the second export market for Egypt’s exports worldwide. He further added that the government seeks to transfer EU advanced technologies to local industry and attract more investments to the market.

Istúriz, for his part, highlighted that the European Parliament commends the role of Egypt in the Middle East and Southern Mediterranean, stressing keenness to open up new channels for communication and future cooperation between the two sides.

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