The second edition of the Zambian-Egyptian Business Forum kicked off today. Organized by the Egyptian-African Businessmen Association, headed by Dr. Yousrey El-Sharkawi, In close cooperation with the Egyptian commercial representation, And the Embassy of the State of Zambia in Egypt, in cooperation with the President of Muchinga State
The event witnessed an active presence of the Egyptian and Zambian business sectors, Where we exchange experiences and enhance economic cooperation between the two countries. Discussions and sessions focused on a wide range of important topics, including trade issues, infrastructure development, strengthening the agricultural sector, In addition to supporting local industries.
Representatives of the Zambian Embassy in Egypt confirmed, On the importance of this event in strengthening economic relations between Egypt and Zambia, Praising the effective cooperation between the Egyptian African Businessmen Association and the official authorities in Zambia.
The embassy expressed its optimism about the investment opportunities available in the two countries. Pointing out the importance of enhancing trade exchange and supporting joint economic projects. He also pointed out that this event constitutes a unique platform to enhance mutual understanding and enhance cooperation in various fields. Including developing infrastructure and promoting investment in vital sectors such as agriculture and local industries.
Dr. Yousrey ElSharkawi confirmed, chairman of the Egyptian-African Businessmen Association, On the sidelines of the forum’s activities, the association is implementing a strong strategy, Its goal is to develop joint economic cooperation between Egypt and the African continent. Pointing to the opportunities to enhance trade and investment cooperation between Egypt and Greater Zambia, Which is supported by strong historical ties in addition to the COMESA Agreement.
El-Sharkawi added that the holding of this forum reflects the great success of its first edition last year and confirms the common desire of business organizations in Egypt and Zambia; To develop joint economic cooperation, And their desire to develop bilateral relations, And stimulate economic growth in the two countries.
ElSharkawi confirmed, Organizing this forum represents a major positive step towards enhancing trade and investment cooperation between Egypt and Zambia. El-Sharkawi pointed out the importance of raising the rates of intra-regional trade to high levels. Emphasizing that this event enhances opportunities for Egyptian and Zambian companies to benefit from the opportunities available in various investment sectors.
In its context, El-Sharkawi spoke about the importance of enhancing cooperation in the fields of infrastructure, Companies participating in the forum can benefit from opportunities to develop and improve infrastructure to facilitate the movement of trade and investment between the two countries. He also highlighted the importance of supporting the agricultural sector and exchanging experiences in this field to improve production and enhance trade exchange.
At the conclusion of his speech, El-Sharkawi called for exploiting the opportunities available in various industries to support joint economic cooperation between the two countries. With a focus on stimulating the local industrial sector and enhancing trade exchange in order to enhance the economic stability of both parties. He called on the Zambian business community to join and cooperate in the “FATA” platform, which aims to develop trade and investment and link the private sector informationally from Africa to Africa.
Minister Plenipotentiary Ali Pasha, Director of the Africa Department, praised the Egyptian commercial representation. He reviewed the existing bilateral relations between the two countries and stressed the role of Egyptian commercial representation in enhancing trade exchange and facilitating investment opportunities between companies in Egypt and Zambia. He stressed that this forum provides a unique opportunity for companies to expand their business and develop strategic partnerships with Zambian companies.
In the context of this, He highlighted the importance of enhancing cooperation in the infrastructure, agriculture and local industries sectors. He stressed that by strengthening these sectors, Trade exchange can be enhanced and economic integration between the two countries can be achieved.
Pasha concluded his speech by emphasizing the continuation of the Egyptian commercial representation in supporting and strengthening economic and trade relations with Zambia. We must continue to work to enhance economic cooperation between companies in the two countries for a prosperous and fruitful future.
During the day, distinguished presentations were made covering investment and business opportunities in Zambia and Egypt. These presentations included a comprehensive analysis of the economic environment and opportunities available in both countries.
A detailed presentation focusing on investment opportunities in Zambia, The main economic sectors and planned future projects were reviewed. The presentation also addressed the investment opportunities available in Muchinga County in particular. Highlighting the advantages and improvements that have been achieved in this region to make it an attractive destination for investors.
Furthermore it, Another detailed presentation was presented covering investment and business opportunities in Egypt. The focus was on recent economic developments and improvements in the Egyptian business environment. Promising sectors and future investment projects were highlighted. This gives investors the opportunity to benefit from the diversity and stability of the Egyptian business market.
With these presentations, An effective platform was provided for businessmen and investors to understand the available investment opportunities and enhance communication and understanding between the participating parties. This reflects the forum’s commitment to enhancing economic cooperation and expanding business horizons between Egypt and Zambia.
At the end of the day, The main objective of this economic event is to create a meeting point between the Egyptian and Zambian economies. The discussions centered on multiple issues related to the African economy. The participants stressed that the success of this meeting will contribute to strengthening the role of the Egyptian-African Businessmen Association on the continent. It will enhance its position as a vital center for African economic interaction.
In light of the challenges of the present time, They pointed out the importance of making more efforts to enhance cooperation and encourage interaction between different economies. They also explained their desire to achieve integration and exchange of experiences between the countries of the African continent. In an effort to enhance economic stability and achieve common progress.