The meeting discussed arrangements
for the upcoming joint Egyptian-Saudi trade committee, to be hosted by the
Kingdom next week.
Cairo- Mar 17, 2022
Minister of Trade and Industry Nevine
Gamea has received Saudi Minister of Commerce Majid al-Qasabi, to explore ways
to expand economic cooperation between the two countries and join efforts to
confront the current economic challenges on the regional and global levels.
The meeting was attended by Osama
bin Ahmed Naqli, the ambassador of the Kingdom of Saudi Arabia in Cairo.
It also discussed arrangements for the
upcoming joint Egyptian-Saudi trade committee, to be hosted by the Kingdom next
week and chaired by the two ministers of trade.
Gamea pointed to the significant rise
in bilateral trade last year, despite the repercussions of the pandemic on the
global economy, noting that Egyptian exports to Saudi Arabia grew 17.4% to $1.995
billion, compared to $1.699 billion in 2020.