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Trade minister meets EAEU counterpart on sidelines of 25th SPIEF
18 June 2022  -  Sector :  -  Entity :  -  Category : Trade News

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The meeting has reviewed the status of talks towards an FTA between Egypt and the Eurasian Economic Union.

St. Petersburg- June 18, 2022

Minister of Trade and Industry Nevine Gamea has met with Andrey Slepnev, minister in charge of trade of the Eurasian Economic Commission, on the sidelines of the 25th St. Petersburg International Economic Forum (SPIEF), held on June 15-18.

The meeting reviewed the status of talks towards a free trade agreement between Egypt and the Eurasian Economic Union (EAEU), which would boost mutual trade and investment flows.

Gamea noted that four rounds of negotiations had been completed successfully, stressing the need to reach an inclusive agreement that serves the interests of the two parties.

“Egypt is open for more investments from the EAEU countries and is committed to streamlining related procedures and eliminate potential obstacles,” she said, calling the private sector from both sides to benefit from the country’s business-friendly climate.
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