Ibrahim El Araby Discusses Ways to Increase Economic Cooperation with Lebanon

  • Cairo, Arab Republic of Egypt
  • 11 March 2021
1

The President of the General Federation of Chambers of Commerce and the President of the Cairo Chamber, Eng. Ibrahim El Araby, received the Economic and Commercial Attaché at the Lebanese Embassy in Cairo, Nour Atwi, where they discussed ways to increase economic cooperation in the coming period.

El Araby affirmed the necessity to expand the cooperation in various economic fields and to organize bilateral meetings between businessmen in the two countries, noting that FEDCOC seeks to increase economic cooperation between Egypt and all countries through various commercial fields.

He also stressed that "Egypt enjoys great investment opportunities in various projects in light of the progressive boom and renaissance it is witnessing in the recent period," referring to "the huge projects that have taken place in Egypt and development at all levels."

Eng. El Araby pointed out that "the Lebanese market can benefit from the Egyptian products in various economic fields, by studying the needs of the two markets to increase bilateral economic relations and seeking to increase cooperation to benefit from the African market through the free trade agreement."

For her part, Atwi explained that "the visit aims to increase the bilateral economic relations and to discuss ways to increase them and overcome any obstacles that would push forward the Egyptian-Lebanese trade and investment relations and increase cooperation in industries that are exported to the African market."

Source (Youm7 Website, Edited)