Egypt’s Trade and Industry Minister Ahmed Samir met with the Bulgarian Ambassador to Cairo Deyan Katratchev to discuss how to enhance the economic and trade cooperation between the two countries. They also talked about other topics of mutual interest.
Samir said that they reviewed the outcomes of the exploratory mission that the Egyptian Ministry of Trade and Industry led to Bulgaria on 19 and 20 September 2023. The mission included representatives from various sectors, such as electricity, renewable energy, transport, the Suez Canal Economic Zone, investment and free zones, and industrialization. The mission aimed to attract investment opportunities and increase the level of cooperation between Egypt and Bulgaria in areas such as renewable energy, artificial intelligence, the automobile industry and its components.
Samir pointed out that Bulgarian investors could benefit from the great advantages of investing in the Egyptian market. These include the availability of skilled workers and Egypt’s access to preferential trade agreements with many countries and economic blocs. These agreements allow easy entry to foreign markets for products made in Egypt.
Source : Daily News