Egypt to establish industrial zone, expand private sector role in Sudan: Trade minister

Egypt to establish industrial zone, expand private sector role in Sudan: Trade minister

gypt is planning to establish an industrial zone in Sudan to facilitate the set up of joint projects. The strategy will be implemented by the private sector to boost the economic integration between the two sides, Egypt's Minister of Trade and Industry Niveen Gamea said on Thursday.

Gamea made the announcement during an extended discussion in Khartoum with the Sudanese Minister of Trade and Industry Abbas Madany and a number of Sudanese officials, in the attendance of Egypt's Ambassador to Sudan Hossam Eissa.

The session was held on the sidelines of Gamea's visit to Sudan to represent Egypt in the 38th round of the Khartoum International Expo.

Egypt is the expo's guest of honour in its current round.

Gamea called on Sudan to hold the joint trade committee in Cairo to discuss the technical aspects regarding the trade flow between the two countries, noting that trade exchange between Egypt and Sudan recorded $862 million in 2020.

She added that Egypt's exports to Sudan amounted to $496 million, while Egypt's imports from Sudan recorded $366 billion in 2020.

Chemicals, processed products, machines, foodstuffs, textiles, transport means, livestock, and agricultural products are the main traded goods between the two countries,