Egypt-UK trade relations witness turning point with approaching Brexit: Trade minister

Egypt-UK trade relations witness turning point with approaching Brexit: Trade minister

The current phase is a turning point in the history of bilateral relations between Egypt the UK, especially in face of Brexit that paves the way for the UK to establish fresh trade and venture relations across the world, Egypt's Minister of Trade and Industry Nevin Gamea has said.

Gamea's statements were delivered to a virtual panel held Thursday, addressed on behalf of the minister by head of the Egyptian Commercial Service Ahmed Maghawry, as a part of Egypt Week in the UK virtual event that kicked off Monday.



Gamea disclosed that the UK is the top country for Egypt regarding the volume of foreign direct investment (FDI), with total investments worth $5.4 billion focused on the industrial sector.



"Egypt's government is eager to boost relations with the UK's