Minister of Trade and Industry Eng. Amr Nassar held an extensive meeting with Levente Magyar, Minister of State for Foreign Affairs and Trade in Hungary, during which he discussed commercial, industrial and investment cooperation between Egypt and Hungary.

Nassar said that they are coordinating Egyptian business forum in Cairo with the participation of a large number of Egyptian companies and more than 50 Hungarian companies. He also noted that there are great opportunities for investment cooperation between Egypt and Hungary in the fields of industrial equipment, automobiles, agriculture, ready-made garments, engineering industries and pharmaceutical products.

He pointed out the importance of establishing joint Egyptian-Hungarian projects in labor-intensive fields, which contributes to creating employment opportunities for youth especially in the garment, chemical, agricultural and food industries.