Ibrahim El-Araby: The Croatian - Egyptian Forum is an Opportunity to Attract Foreign Investments

  • Cairo, Arab Republic of Egypt
  • 29 March 2021
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The president of the General Federation of Egyptian Chambers of Commerce, Eng. Ibrahim El-Araby, confirmed that “the Egyptian-Croatian Business Forum, which will be held next Wednesday, March 31, to discuss ways to develop trade and investment relations between the two countries, will be organized after a hiatus that has continued since 2010 and is expected to gain political and economic momentum from both, the Egyptian and Croatian sides."

El-Araby explained that "organizing the forum comes within the framework of the FEDCOC’s plan to support the economy, develop commodity and service exports and attract direct investments to the Egyptian market," noting that "the aim of these activities is to develop trade exchange by exploiting the Free Trade Agreement with the European Union and attracting Croatian investments especially in manufacturing for exporting to Africa and the Arab countries, infrastructure, gas, petroleum and mining."

The forum is considered as the second round of joint economic meetings between the two sides after holding its first round in 2010, and the forum is scheduled to focus on cooperation and joint investment in the sectors of trade, industry, infrastructure, oil and gas, and joint manufacturing for the purpose of re-exporting the free trade zones that exceed 3.1 billion consumers in Africa and the Arab world, the European Union and South America.

Source (FEDCOC Website, Edited)