Cairo Hosts 5th Round of Negotiations on Trade Agreement between Egypt, EAEU

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Saturday - 18 June 2022

Minister of Trade and Industry Nevin Gamea stressed the importance of the free trade agreement being negotiated between Egypt and the Eurasian Union countries.

She affirmed that such an agreement represents a new bridge to strengthen and develop joint economic relations between the two sides in various fields and at all levels.

The minister pointed out that the agreement is the main engine for developing and developing the rates of trade exchange and increasing joint investments among member states to distinct levels in the interest of the Egyptian economy and the economies of the union countries alike.

Gamea said that the last stage witnessed the holding of four rounds of negotiations between Egypt and the Eurasian Union Commission.

She noted the importance of reaching a comprehensive and balanced agreement that meets the aspirations of the Egyptian people and the peoples of the Eurasian Union countries to develop trade exchange and enhance industrial and investment cooperation, in addition to all aspects of economic cooperation.