Within the framework of continuing ways to develop bilateral cooperation relations between Egypt and Mauritius, The Egyptian-African Businessmen Association Headed by Dr. Yousrey ElSharkawi,held Intensive meetings with the General Authority for Investment and Free Zones, And with 4 important export boards.
Dr. Yousrey El-Sharkawi was He announced during the activities of the investment forum with Mauritius, about holding a series of intensive meetings in the coming days, With some exporting bodies and councils, To discuss plans to increase Egyptian exports, The expansion of Egyptian companies in the Mauritian market.
the meetings began, yesterday, Visiting a delegation consisting of the Government of Mauritius EDB, and 27 companies, And a large number of the Egyptian financial and business community, The General Authority for Investment and Free Zones, Whereas, Dr. Yousrey ElSharkawi confirmed that the aim of this visit is to: discuss the challenges facing Egyptian investors in Mauritius and vice versa. Trying to find solutions to stimulate investment between the two countries. Pointing out the association’s keenness to increase the productivity of companies and enhance the competitiveness of Egyptian products in African markets.
During the meeting, General Authority for Investment, praised, With the efforts of the Egyptian African Businessmen Association, to attract African investments, They emphasized that the authority wants to attract many new investors to Egypt. Pointing out its success in encouraging African companies to expand in the Egyptian market.
Officials of the General Investment Authority also pointed out that the authority is taking many measures to develop the investment environment to attract African investment. They affirmed the provision of all facilities to Mauritian institutions in Egypt to enhance the investment partnership between the two countries.
Mauritius Economic Development Board Chairman Hemirg Raminal said, To the prominent role played by the Authority in supporting investments in Egypt, And highlighting investment opportunities to encourage more investors in Mauritius to pump their investments in Egypt.
It should be noted that the meetings witnessed a presentation of the most important developments in investment cooperation between the two sides. Especially the investments and expansions made by Egyptian companies in Mauritius in the past years, The Mauritian delegation also reviewed the achievements of their companies operating in the Egyptian market.
Today, Tuesday, the meetings of the Mauritius delegation and the Egyptian-African Businessmen Association began. With 4 export boards, It is the Export Council for Spinning, Textiles and Furniture. and the Agricultural Export Council, and the Medical Industries Export Council, And the Building Materials Export Council.
ElSharkawi explained, The association aims through these meetings to increase Egyptian exports, And the state’s participation in the promotion of Egyptian exports, opening new markets, facilitating procedures for companies, By making agreements with many African markets.
ElSharkawi pointed out that the export councils spare no effort in communicating and coordinating with the association. It always seeks to facilitate export procedures. increase the volume of exports, Opening new markets for the Egyptian product in African countries. Stressing that it is developing solutions to deal with all the challenges facing the entry of Egyptian exports into foreign markets.
The delegation discussed with the export councils, Future investment fields and diversified opportunities in both countries, Expressing their desire to enhance investment cooperation with Mauritius, and receiving Mauritian companies in Egypt, Especially in light of the growth of African economic cooperation.
The Mauritian delegation expressed its country’s desire to explore opportunities for the use of skilled Egyptian expertise in Mauritius. As part of their endeavor to benefit from the experience of Egyptians in many fields.
The Egyptian African Businessmen Association also decided to hold other meetings in the coming period. With major Mauritian companies interested in investing in Egypt, To view available opportunities in sectors of common interest, Elsharkawi expressed his aspiration to work to develop relations between the two countries and to respond to the requests of the Mauritian side. To enhance joint investment and trade cooperation.
