Rédaction Africa Links 24 with MENA
Published on 2024-02-25 09:47:04
Trade and Industry Minister Ahmed Samir emphasized the significance of leveraging the business communities of Arab states and Turkey in light of their strong political relations. He underscored the need to establish a mechanism that connects the industries of Arab nations and Turkey to achieve industrial integration, which would help mitigate the impact of fluctuations in international supply chains.
During the fifth meeting of the Arab-Turkish Chambers, organized by the General Federation of Egyptian Chambers of Commerce on Saturday, the 24th of February 2024, Samir highlighted the importance of fostering cooperation for the development of both Arab and Turkish societies. He acknowledged that Egypt, like many other countries around the world, has been impacted by various external events such as the COVID-19 pandemic, the Russian-Ukrainian war, and recent regional conflicts.
Samir urged the Arab and Turkish chambers to capitalize on the opportunities presented by the Suez Canal axis, the golden license, and the State Ownership Policy. He also pointed out the available investment prospects and stressed the significance of establishing joint industrial zones and logistic centers to further enhance economic cooperation between the participating countries.
The minister’s remarks underscored the potential for increased collaboration and partnership between Arab states and Turkey in the business and industrial sectors. By leveraging their political relations and exploring avenues for cooperation, these countries can strengthen their economies and enhance their competitiveness in the global market.
The meeting served as a platform for discussing strategies and initiatives aimed at promoting economic growth and development in the region. By fostering closer ties between the business communities of Arab states and Turkey, the participants can work together to address common challenges and capitalize on shared opportunities for mutual benefit.
Overall, Minister Samir’s emphasis on the importance of collaboration and integration between Arab states and Turkey underscores the potential for increased economic cooperation and partnership in the region. By leveraging their respective strengths and resources, these countries can enhance their competitiveness and foster sustainable economic growth for the benefit of their peoples.
Read Original article on Egypt Independent
