Belarus-Egypt business meeting



Date: 03 September 2019

 

The Belarus-Egypt business meeting has been held in the National Library of Belarus. The event was organized by the Belarusian Chamber of Commerce and Industry in association with the Egyptian Trade and Industry Ministry with assistance of the Belarusian Antimonopoly Regulation and Trade Ministry within the framework of the sixth session of the Belarusian-Egyptian trade commission.

 

Attending the event were the Minister of Antimonopoly Regulation and Trade of the Republic of Belarus Vladimir Koltovich, the First Deputy Minister of Trade and Industry of the Arab Republic of Egypt Ahmed Anter, Deputy Chairman of the BelCCI Sergei Nabeshko, more than 80 businessmen from both countries.

The BelCCI Deputy Chairman noted that Belarusian companies are intent on vigorously advancing relations with Egypt. "Egypt is a very interesting country. It offers a way to reach Africa and the Middle East. On the other hand, it is a hub where the Eurasian Economic Union intends to grab a foothold. Conditions for setting up a Russian economic zone in Egypt have been enabled. We are discussing at least joining the zone and later on setting up a separate territory where only Belarusian companies will be represented," Sergei Nabeshko said. According to him, the Belarusian business is interested not only in direct shipments and the establishment of assembly enterprises in Egypt but also in third countries, in working together with our partners from Egypt to reach the markets of continental Africa and the Middle East. "We are talking about upping the localization rate of manufacturing in Egypt and making products, which will be branded as Made in Egypt but will heavily rely on Belarusian components," the BelCCI Deputy Chairman explained.

The program of the event included a plenary part, presentations of business cooperation opportunities between Belarus and Egypt, as well as bilateral meetings of Belarusian businessmen with representatives of Egyptian enterprises. The companies of Belarus and Egypt negotiated possibilities for cooperation in the processing of food products, production of dairy products and juices, healthcare and pharmaceutics, textile industry, and agriculture.

 

Based on BelTA

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