Nasr, EU Ambassador discuss boosting investments

Investment and International Cooperation Minister Sahar Nasr on Thursday met with EU Ambassador in Cairo Ivan Surkoš to discuss the Single Support Framework (SSF) and cooperation priorities with the European Union.

Both sides tackled the current economic cooperation aspects between Egypt and the EU within the framework of the support framework program, which lasts from 2017 to 2020.

They discussed activating the new agreements and strategic partnership between both parties and the arrangements for the upcoming visit of the European Commissioner Johannes Hahn to Egypt in October.

Nasr highlighted the relationship between Egypt and the EU, pointing out that Egypt's economic success will stabilize the conditions in the Middle East region.

As the ministry focuses on boosting investments, it welcomes all the European investors to Egypt with providing them all the facilities to increase their investments, she said, pointing out that the ministry promotes the developmental projects, as there is unique cooperation among the government, private sectors and civil society organisations in several projects.

Meantime, Surkoš lauded the relations with Egypt and its economic and social reform program, noting that the EU is interested in promoting the development and investment cooperation with Egypt.

Source : Mena