Mr. Ayman ElAshry, Chairman of the Cairo Chamber of Commerce, participated today, Wednesday, in the Egypt-Turkey Business Forum held in Cairo. The event was attended by Mr. Ahmed El Weissimy, Board Member of the Chamber, along with several members representing various commercial and industrial sectors.
During his speech, Mr. El Ashry emphasized that the Egyptian political leadership, led by President Abdel Fattah El-Sisi, places great importance on strengthening economic and trade relations between Egypt and Turkiye. He noted that Egypt stands as one of Turkiye's largest trading partners in Africa, highlighting that the Free Trade Agreement (FTA) between the two nations has significantly boosted trade exchange and opened vast horizons for cooperation across numerous fields.
He further added that Egypt has become a premier destination for Turkish investments, resulting in a qualitative leap in investment volume. This growth reflects the increasing mutual trust between Turkish and Egyptian investors, encouraging cross-border investments and the implementation of joint projects. Furthermore, he pointed out that the reduction of customs duties on goods has streamlined export activities between the two countries.
Mr. El Ashry expressed his hope that this forum would mark a significant new milestone. He reaffirmed that the Cairo Chamber of Commerce is committed to enhancing economic ties, capitalizing on available investment opportunities, and creating new frameworks for joint cooperation to serve the business communities in both Egypt and Turkiye.
