• About us
  • Contact Us
Tuesday, June 24, 2025
No Result
View All Result
The World Monitor
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
No Result
View All Result
The World Monitor
No Result
View All Result
Home Middle East

Egypt & Germany Discuss Economic & Trade Cooperation

July 4, 2023
Egypt & Germany Discuss Economic & Trade Cooperation

Egypt & Germany Discuss Economic & Trade Cooperation

Share on FacebookShare on TwitterShare on Whatsapp

On Tuesday, Egyptian President Abdel Fattah El-Sisi held a phone conversation with German Chancellor Olaf Scholz, the latest signal of ongoing diplomatic discourse between the two nations.

Ahmed Fahmi, the Official Spokesperson for the Egyptian Presidency, stated that the call aimed to explore opportunities to fortify the already robust bilateral relations between Egypt and Germany in all areas. There was a mutual expression of satisfaction regarding the level of joint collaboration and a shared commitment to deepening cooperation frameworks, specifically in the economic, trade, technology transfer, and joint manufacturing realms.

Fahmi highlighted the role of German companies in the significant projects currently being implemented in Egypt, illustrating the key contributions they make to the nation’s progress.

In addition to discussing bilateral ties, El-Sisi and Scholz also discussed several regional and international issues of common interest to both countries and agreed to continue consultation and coordination in the upcoming period.

According to statements from the German ambassador to Cairo, Frank Hartmann, Germany is currently Egypt’s second-largest trading partner in Europe, with a total volume of about 5.5 billion euros in bilateral trade recorded in 2022.

This exchange underscores the significance of maintaining diplomatic dialogue in strengthening international relations and navigating shared challenges. It also sets a hopeful stage for future collaboration between Egypt and Germany across a multitude of sectors.

Egypt and Germany have a long history of diplomatic relations that spans several decades. Over the years, the countries have developed strong political, economic, and cultural ties.

Germany is one of Egypt’s largest trading partners, with a large portion of Egyptian exports, notably agricultural products, textiles, and oil, being shipped to Germany. Conversely, Germany exports a diverse range of goods to Egypt, including vehicles, machinery, chemical products, and electrical appliances.

Moreover, the two countries have a robust track record of cooperation in various sectors. German companies have a significant presence in Egypt and are involved in multiple key projects, particularly in sectors like renewable energy, manufacturing, and infrastructure development.

Tags: EgyptGerman Chancellor Olaf ScholzGermanyPresident Sisi
Next Post
Israeli Forces Start Withdrawing From Jenin

Israeli Forces Start Withdrawing From Jenin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

World Bank: Economic Crisis Looms for Palestinians

World Bank: Economic Crisis Looms for Palestinians

1 year ago

Israeli Forces Target Civilians Waiting for Aid in Gaza

1 year ago

Popular News

  • Lebanon Sets Up Local Centers for Syrian Refugee Data Collection

    Lebanon Sets Up Local Centers for Syrian Refugee Data Collection

  • 50,000 Displaced Due to Conflict in Northern Ethiopia

  • Saudi Arabia Ranks 1st in Government Strategy for AI

  • Iran Threatens “Nuclear Response” Against Israeli Attacks

  • Turkey Records Highest-Ever Temperature in its History

Follow us

"Connecting the World to the Heartbeat of Middle East and Africa – Your Trusted Source for News and Insights."

  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto

ABOUT US

CONTACT US

Privacy Policy

  • About us
  • Contact Us

© 2023 THE WORLD MONITOR

No Result
View All Result
  • Home
  • Africa
  • World
  • Economy
  • Climate
  • Sports
  • Crypto
  • Technology

© 2023 THE WORLD MONITOR