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Trade minister, Serbian counterpart discuss further cooperation
20 July 2022  -  Sector :  -  Entity :  -  Category : General

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The meeting has discussed boosting cooperation in the areas of industry, trade and tourism, as well as means to confront the global economic fallout of the pandemic and the Russian-Ukraine war.

Belgrade- July 20, 2022

Minister of Trade and Industry Nevine Gamea has met with Serbian Minister of Trade, Tourism and Telecommunications Tatjana Matić in the capital Belgrade. The minister is among the government delegation accompanying President Abdel Fattah al-Sisi who is currently visiting the country.

The meeting discussed boosting cooperation in the areas of industry, trade and tourism, as well as means to confront the global economic fallout of the pandemic and the Russian-Ukraine war.

“There are ample opportunities for mutual cooperation between Egypt and Serbia, mianly in developing SMEs, industrial training, establishing logistic zones; in addition to agriculture, medical supplies and IT,” Gamea said.

The two ministers also stressed the need to bolster the role of the joint business council in a way that would further double bilateral trade which stands at $79.7 million. In 2021, Egyptian exports to the Serbian market amounted to $42.4 million and imports to $37.4 million.

Gamea, moreover, invited her Serbian counterpart to visit Egypt and organize her country’s participation in the next “Turathna” (Our Heritage) trade fair to be held in Cairo.

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