In a significant move to bolster economic ties between Egypt and Morocco, Mr. Ayman Ashry, Chairman of the Cairo Chamber of Commerce, hosted Dr. Samira Al-Ashiri,, Chairperson of the Morocco's Sons Foundation for Development in Egypt and Advisor to the Legal Affairs Sector and Management of International Law Treaties at the League of Arab States. The meeting aimed to explore avenues for enhancing bilateral cooperation and expanding trade and investment between the two countries.
Cairo Chamber Chairman emphasized the importance of leveraging the historical ties between Egypt and Morocco, noting that the Chamber welcomes all Moroccan companies and investors seeking to enter the Egyptian market. He highlighted the attractive investment incentives offered by the Egyptian government, as well as the presidential initiative "Localization of Industry," which presents promising opportunities for industrial collaboration between the two nations.
Dr. Samira Al-Ashiri underscored the significance of exchanging expertise and information between the business communities of both countries and organizing joint meetings and events to foster economic cooperation. She pointed out the substantial Egyptian investments in Morocco and expressed a keen desire to increase these investments and attract new Moroccan investments to the Egyptian market.
This meeting marks a crucial step toward strengthening economic cooperation between Egypt and Morocco. Both parties are committed to capitalizing on existing opportunities to boost bilateral trade and investment. The coming period is expected to witness a surge in joint activities and events aimed at reinforcing economic ties.