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Egypt's minister lauds embassies' role to promote investment

Sunday 16-07-2017 - 05:20 PM
MENA
Egypt's minister
Cairo - Egyptian embassies play a pivotal role in promoting investment opportunities in Egypt, said Trade and Industry Minister Tareq Qabil on Sunday.

The trade and industry minister said diplomatic missions also contribute to promoting Egyptian exports on foreign markets.

The embassies also act to highlight economic reforms adopted by Cairo and how it helped in achieving positive growth rates despite difficult changes facing the global economy, Qabil said in a meeting with 44 newly appointed ambassadors.

He told them President Abel Fattah El-Sisi pays big attention to efforts to improve the economic landscape and achieve sustainable development in Egypt.

Qabil asserted on further coordination between the Egyptian embassies and the Egyptian Trade Representation Authority (ETRA) to unify views about ways to improve Egypt's foreign trade.

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