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Cairo Chamber of Commerce receives the Ambassador of Moldova to discuss increasing trade and investment exchange

Ahmed El-Wasimi, First Vice-President of the Cairo Chamber, and Sameh Zaki, Second Vice-President of the Cairo Chamber, on behalf of Ibrahim El-Araby, President of the General Federation of Chambers of Commerce and President of the Cairo Chamber, received Dmitri Kreutor, Ambassador of the Republic of Moldova in Cairo, to discuss ways of economic cooperation and increase the volume of trade and investment exchange between the two countries during Next period.


Ahmed Al-Wasimi said that Egypt has great investment opportunities and huge projects implemented by the state, pointing to the economic reforms that have taken place in the recent period, encouraging Ali to investors.


The Vice-President of the Cairo Chamber indicated that the Chamber seeks to increase trade exchange with different countries, especially in light of the availability of many and diverse Egyptian products with international specifications that all foreign markets can benefit from. Therefore, meetings between the business community in the two countries must be intensified to increase joint trade and investment relations in the future.


Sameh Zaki said that the chamber will provide all data on the Egyptian market, trade and investment opportunities, exporters and importers to increase interaction in order to develop bilateral economic relations between the two countries, benefiting from Egypt's 2030 development strategy, as well as agreements that facilitate trade movement such as (COMESA and Mercosur).


For his part, the Ambassador of the Republic of Moldova said that the aim of this visit is to consolidate relations between Egypt and Moldova and visit the volume of trade exchange and investments between the two countries, especially since Moldova enjoys several advantages, the most important of which is a distinguished geographical location, as it is located between Ukraine and Romania, and Moldova’s entry into several international agreements, namely A member state of the United Nations, the Council of Europe, the World Trade Organization and the Economic Cooperation Organization, they have the largest complex of information technology and agricultural sciences institutions, have fertile and rich soil, and export many kinds of vegetables and fruits, and large quantities of maize and wheat to many different countries; This made it the main farm during its accession to the Soviet Union, as it represented 40% of the agricultural needs of the countries joining the union.


The ambassador also confirmed that the coming period will witness new cooperation between the two countries, through online meetings between Egyptian companies and Moldovan companies, through training between the Cairo Chamber of Commerce and the Moldovan Chamber of Commerce, and this meeting will be a breakthrough for the business community between the two sides, and will contribute to making way for investors and owners Capital to enter one of the most important markets of Eastern European countries.


The two sides suggested signing a protocol between the two chambers with the aim of promoting and marketing investment and cultural opportunities between business owners in the two countries, developing trade cooperation, encouraging the establishment of investments, and providing services and facilities between the trade, business and investment sectors in Egypt and the Republic of Moldova.