Last Sunday, Mr. Ayman Ashry, Chairman of the Cairo Chamber of Commerce, received a Chinese delegation from the Government of Qingdao Municipality in the presence of Mr. Sherif Yehia, Vice Chairman of the Cairo Chamber, and Mr. Ashraf El-Shimi, Secretary General of the Chamber.
The delegation was led by Mr. Xue Runbo, Deputy Director of the Commerce Bureau, and included Mr. Lv Guanghui, Director of the Investment Promotion Center, Ms. Men Weiwei, Director of the Asian and African Affairs Department, and Ms. Chen Xiaotong, an officer at the Investment Promotion Center.The purpose of the visit was to discuss ways to enhance mutual trade and investment cooperation.
During the meeting, both sides discussed ways to increase cooperation that would contribute to strengthening bilateral economic relations.
Mr. Ayman Ashry emphasized the importance of increasing joint investments in light of the available investment opportunities in various sectors within Egypt. He added that studying the needs of both markets for different products would enhance mutual trade exchange, and the Chamber would provide all necessary data to support bilateral economic relations. He also highlighted the Egyptian political leadership’s support for investors and investment in Egypt, noting that the Egyptian government is implementing a package of facilitative measures to boost investments across various sectors in the Egyptian market.
The Chairman of the Cairo Chamber of Commerce pointed out that Egypt is an important gateway to other markets, including African and Arab markets, in addition to benefiting from the large Egyptian market and international agreements, which enhance the role of joint economic relations.
For its part, the Chinese delegation confirmed that its visit to the Cairo Chamber of Commerce aims to increase trade and investment relations and explore new ways to support bilateral economic cooperation in various sectors. The delegation emphasized that cooperation would continue in the near future, aiming to expand trade and investment opportunities.
