Egypt

The Foreign Minister praises the remarkable development witnessed by Egyptian -French relations

Dr. Badr Abdel -Ati, Minister of Foreign Affairs, Immigration and Affairs of Egyptians abroad, praised the remarkable development witnessed by Egyptian -French relations in recent years, which culminated in the upgrading of the levels of relations to a strategic partnership. In the context of keenness to advance the wheel of economic development, enhance economic relations with France, and expand the horizons of cooperation with the private sector by exploring new opportunities for joint cooperation in various fields.

& nbsp; Especially in light of that Egypt is the third largest destination for French investments in the Middle East, and France is the seventh largest foreign investor and the third largest European investor in the Egyptian market, noting & nbsp to the presence of about 160 French companies currently operating & nbsp in Egypt. The Republic and the French President, and highlighted the promising opportunities available to French companies, especially in the economic zone of the Suez Canal, in addition to the great opportunities that Egypt possesses in the field of renewable energy and the production of green hydrogen, transport, ports, car manufacturer, communications, digitization and artificial intelligence, expressing & nbsp from looking to hold the first meeting of the joint industrial committee between The two countries. Representatives of French companies, during which opinions and views were exchanged on the situation in the Middle East and ways to enhance economic cooperation between Egypt and France, and to increase the French investments in Egypt, and emphasize the importance of continuing coordination and communication to push the economic partnership to wider horizons between the two countries.

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