Ashraf Abo Arafe
In a round table and in the framework of his current visit to the Serbian capital of Belgrade, Foreign Minister Sameh Choukri took part this morning with the heads of major Serbian companies and businessmen at the headquarters of the Serbian Business Club Privrednik.
Foreign Ministry Spokesman, Advisor Ahmed Hafez said that during his speech, Minister Sameh Shoukri reviewed the concrete steps being taken by the Egyptian government to develop the structure of the Egyptian economy, noting that the Egyptian market represents a promising opportunity for foreign investors, especially in light of the Egyptian government’s efforts to build a number of cities such as the new administrative capital, in addition to the major national projects being implemented now, especially the Suez Canal Development Project as an important gateway to the African continent.
Hafez added that the Foreign Minister called on the major Serbian companies to pump more investments in Egypt in different sectors. He pointed out that the current volume of trade exchange does not meet the ambitions of the two peoples. He stressed the need to move forward to start the activities of the joint business council Members. Shoukry also pointed out that the Egyptian economy is based on a market economy in which the private sector plays a major role. During the last period, it has witnessed courageous and transparent economic reforms to facilitate investment access, overcome logistical and administrative obstacles to investors and improve the indicators of the Egyptian banking market, An annual growth rate of 5.5% and a decline in the unemployment rate to less than 10%, which was praised by the international financial organizations of the progress made in Egypt, noting that one of the most promising economic areas promising the Egyptian economy is currently agricultural and construction of new cities by developing road networks.
Hafez disclosed that a long discussion had taken place in which the attendees were keen to inquire about the investment environment in Egypt. They praised the Egyptian government’s efforts in this regard and expressed their desire to enter the Egyptian market and explore various investment fields, especially in the field of energy, noting in this regard the efforts of the Egyptian government to become a regional gas center in the Eastern Mediterranean.
As we know the Serbian Business Club “Privrednik” was founded in 2002 by the largest Serbian companies and includes businessmen who have achieved global successes and results, not only in Serbia but also in global markets.
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