Rédaction Africa Links 24 with MENA
Published on 2024-02-25 09:47:28
Sherif al-Gabali, Chairman of the African Cooperation Committee at the Federation of Egyptian Industries (FEI), emphasized the significance of strengthening the private sector’s role in boosting investments and enhancing trade between Egypt and Rwanda on February 24, 2024. He highlighted the importance of fostering economic cooperation between the two countries to facilitate sustainable development in the region.
During a meeting with the acting chairman of Rwanda’s Private Sector Businessmen Association, Gabali stated that the main objective was to promote investments between Egypt and Rwanda and implement the cooperation protocol that had been previously signed between FEI and the association. He acknowledged the association as a crucial partner in achieving these goals and emphasized the potential for collaboration in various sectors including agriculture, industry, technology, tourism, and financial services.
Gabali also mentioned that Rwanda had extended an invitation to Egypt to participate in the upcoming Rwanda International Exhibition scheduled for July. The Egyptian pavilion at the exhibition would showcase a range of Egyptian industries with the aim of increasing industrial exports to Rwanda, as well as to neighboring countries such as Uganda, the Democratic Republic of Congo, and Burundi.
The collaboration between Egypt and Rwanda in boosting investments and enhancing trade reflects a commitment to fostering economic growth and cooperation in the region. By emphasizing the role of the private sector in these efforts, both countries aim to create sustainable pathways for development and prosperity. The partnership between FEI and Rwanda’s Private Sector Businessmen Association demonstrates a shared commitment to advancing mutual interests and capitalizing on opportunities for economic growth.
The upcoming Rwanda International Exhibition presents a valuable opportunity for Egypt to showcase its industrial capabilities and forge new trade partnerships in the region. By participating in the exhibition, Egypt aims to expand its export markets and strengthen economic ties with Rwanda and neighboring countries. This collaborative approach to economic development underscores the importance of cross-border cooperation and mutual benefit in driving sustainable growth and prosperity in the region.
In conclusion, the meeting between Sherif al-Gabali and Rwanda’s Private Sector Businessmen Association highlights the commitment to enhancing economic cooperation between Egypt and Rwanda. By leveraging the strengths of the private sector and exploring opportunities for collaboration in key sectors, both countries aim to build a foundation for sustainable development and shared prosperity. The participation in the Rwanda International Exhibition further underscores the commitment to expanding trade and investment opportunities, ultimately contributing to the economic growth and development of the region as a whole.
Read Original article on Egypt Independent
