Egypt’s Minister of Trade and Industry Ahmed Samir held a meeting with Australian Ambassador to Egypt Axel Wabenhorst on Sunday to discuss ways to strengthen economic relations between the two countries. They discussed developments in the global economic situation and issues of common interest.
The minister said that Egypt and Australia have distinguished trade and investment relations that contribute to the development of the Egyptian and Australian economies alike.
Samir highlighted the keenness of the two sides to intensify joint efforts to increase intra-trade rates between Egypt and Australia, added that the volume of trade exchange between the two countries reached approximately $703 mln in 2022.
The ambassador expressed the interest of Australian exporters and importers in the field of food products in the Egyptian market, as there are distinct opportunities for export agricultural products and crops to the Australian market, especially dates and citrus fruits, given that Egypt is one of the leading countries in the field of cultivation and export of these two products.
Source: dailynewsegypt.com