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Egyptian-Iraqi Economic Forum 'Good Opportunity' for Boosting Trade, Investments - Ministers

Source: www.export-egypt.com 11/1/2020, Location: Africa

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Minister of Trade and Industry Nivine Gamaa and her Iraqi counterpart Alaa Ahmad praised the Egyptian-Iraqi economic, and trade forum as a good opportunity and platform for boost the trade ties between the two countries.

Addressing the forum, Gamaa said strong political relations between Cairo and Baghdad have helped reach a common understanding between the two countries in the economic fields, especially amid the great support from President Abdel Fattah El Sisi.

Gamaa stressed that both Egypt and Iraq were working hard to enhance their bilateral trade and economic ties, noting the increase in the volume of the Egyptian exports to Iraq in 2019.

For his part, Ahmad underscored the importance of the trade and economic forum, as it gathered the two public and private sectors in both countries in one event for the first time, seeking to organize the trade ties between them.

The Iraqi minister said that the current stage should be better used by the private sector, adding that the trade ministries in Iraq and Egypt would spare no effort in supporting the private sector for reinforcing cooperation between the countries.

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