Skip to main content

How Egypt plans to forge closer economic ties with France

On a visit to Paris, Egypt's minister of trade and industry sought to attract French investments to his country.
TradeMinister.jpeg
Read in 

Egyptian Minister of Trade and Industry Tarek Kabil paid a visit to Paris recently to further promote Egyptian-French economic relations. During his visit at the end of February, Kabil, with his eye on increasing French investment in Egypt, held several meetings with senior French government officials and the heads of key French companies like Decathlon and Peugeot. Kabil's main goal was to update these officials and businessmen on available investment opportunities in Egypt's diverse sectors.

Kabil's visit came within the framework of the government's broader plan to lure more foreign investors to local projects, particularly in the Suez Canal Development Zone. At the top of the meeting agendas was a discussion of how to increase trade between the two countries and how to foster more strategic partnerships.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.