The
two ministers discussed strengthening cooperation between Egyptian and Spanish companies
in the petrochemical, ready-made garment and home furnishing sectors.
Cairo-
Dec 1, 2021
Minister
of Trade and Industry Nevine Gamea has held a meeting with Spanish Secretary of State for Trade at the Spanish Ministry of Industry, Trade and Tourism Xiana Mendez, on the sidelines of the
Egyptian-Spanish Business Forum, which was inaugurated by the prime ministers
of the two countries.
Attended
by Ambassador of Spain in Cairo Ramón Gil Casares, the meeting discussed ways
to enhance joint cooperation between the two countries in trade, industry and
investment over the next period.
The two
sides reviewed the key projects implemented by Spanish companies in Egypt,
especially those financed within a signed cooperation protocol, and the
available investment opportunities in the Suez Canal Economic Zone in the operation
and development of ports.
They
also discussed strengthening cooperation between Egyptian and Spanish companies
in the petrochemical, ready-made garment and home furnishing sectors, as well
as benefiting from Spanish expertise in the field of food industries and
agricultural products.
Gamea,
furthermore, invited Spanish firms and major distribution chains to participate
in the Food Africa exhibition, to be held in Cairo on December 12-14.
According
to official figures, Egypt-Spain trade amounted to €1.961 billion during the
first nine months of the year, up 23.8% from €1.583 billion during the same
period in 2020.