ISLAMABAD: Speakers at conference held in Cairo, Egypt have stressed for expanding trade ties and boosting cooperating in various sectors between Pakistan and Egypt.

Embassy of Pakistan in collaboration with Rawalpindi Chamber of Commerce and Industry (RCCI) organised Pakistan-Egypt Business Opportunities Conference in Cairo, said press release received here.

Purpose of conference was to enhance bilateral trade and investment ties between two countries. Conference coincided with ongoing celebrations of 75th Anniversary of establishment of diplomatic relations between Pakistan and Egypt.

Minister for Public Business Sector of Egypt Engineer Mahmoud Esmat, head of Egyptian Commercial Services Yahya El-Wathik Bellah Ahmed, high-ranking government officials, members of diplomatic community, representatives of chambers of commerce of Egypt and number of Egyptian businessmen attended event.

Minister appreciated efforts of business communities of both countries in strengthening economic ties. Yahya El-Wathik Bellah highlighted mutual desire of two sides to boost cooperation in various sectors including agriculture, energy, housing, tourism, textile and food etc. He stressed need to create new avenues for investments.

Ambassador of Pakistan Sajid Bilal highlighted efforts of government to attract foreign investment especially from brotherly countries through formation of Special Investment Facilitation Council.

He praised role of Pakistani and Egyptian companies in promoting bilateral commercial relations.

President of RCCI Saqib Rafiq Shahraiz Malik and Group Leader of RCCI Sohail Altaf briefed audience on role of RCCI and private sector in enhancing Pakistan's trade with countries across globe.

Companies from two sides signed seven MoUs for mutual cooperation in education, tourism and food sectors. They discussed ways to collaborate and promote mutual trade during business-to-business sessions.

Published in The Daily National Courier, September, 09 2023

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