Trade exchange bet. Egypt, Kazakhstan reaches $97.7M in 2019

Trade exchange bet. Egypt, Kazakhstan reaches $97.7M in 2019

CAIRO – 8 February 2021: Trade Exchange between Egypt and Kazakhstan hit about $ 97.7 million in 2019, according to Minister of Trade and Industry Nevine Gamea.

 

Gamea affirmed that Egypt and Kazakhstan have distinguished political relations and close historical ties that qualify them to advance the joint economic cooperation system to distinct levels, pointing to the pivotal role of the business communities in the two countries in translating all commercial and investment opportunities available in the two countries for concrete cooperation projects that benefit both the Egyptian and Kazakh economies. 

 

This came in the minister's speech delivered on her behalf by Ibrahim Al-Sigini, Assistant Minister of Trade and Industry for Economic Affairs during the activities of the Egyptian-Kazakh Business Forum held in Sharm El-Sheikh.

 

The minister said that holding this forum despite the exceptional circumstances and current challenges that the world is going through due to the spread of the Coronavirus "Covid-19" reflects the keenness of thegovernments and business circles in Egypt and Kazakhstan to develop economic relations between the two countries in various economic fields.

 

Gamea pointed to the importance of activating joint action at the regional and global levels to confront the decline in global economic growth