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Trade minister meets Swedish counterpart, Google delegation at COP27
13 November 2022  -  Sector :  -  Entity :  -  Category : General

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Talks focused on boosting trade and investment with Sweden as well as cooperation with Google.

Sharm el-Sheikh- Nov 13, 2022

Minister of Trade and Industry Ahmed Samir has held cooperation talks with Swedish Minister for International Development Cooperation and Foreign Trade, and a delegation from Google MENA, on the sidelines of the Sharm el-Sheikh climate conference COP27.

The meeting with Swedish counterpart Johan Forssell focused on technology transfer to Egypt’s SMEs, renewable energy and agricultural production, mainly with regards to food security projects, being a top national priority.

The two ministers agreed on organizing a joint business forum in the Swedish capital Stockholm during the first quarter of 2023, with the participation of a large number of businessmen from both countries.

“Egypt-Sweden trade hit $928 million in 2021. Swedish investments in Egypt stand at $145 million in some 222 projects operating in the fields of manufacturing, communication, IT, financing, construction, services, tourism and agriculture,” Samir said.

They also discussed expanding cooperation between the government and the Swedish International Development Cooperation Agency (SIDA) on capacity building programs for state employees.

Moreover, Samir met with Martin Roeske, director of Google’s    Public Policy and Government Relations MENA, where they discussed benefiting from the company’s programs in areas such as: training, digital transformation, connecting industrial parks and promoting exports.

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