By Manal Abdel Fattah
The Fourth Pakistan-Africa Trade Development Conference and One-Country Exhibition opened in Cairo on Tuesday. For the first time, Pakistan brought more than 100 companies to Egypt with the aim of enhancing trade and economic cooperation and opening new horizons between Egypt and Pakistan.
In his speech, Minister Ahmed Samir, Minister of Commerce and Industry expressed his sincere regards and gratitude to the Ministry of Commerce of Pakistan for organizing the 4th Pakistan-Africa Trade Development Conference and One Country Exhibition in Cairo, bringing together a diverse group of businessmen committed to promoting bilateral trade.
According to a statement issued by the Pakistani Embassy in Cairo, the Minister stressed that such conferences achieve multilateral cooperation, benefit companies in both countries, and support each other’s aspirations to achieve social and economic development.
The minister said that Africa, with its resources and capabilities, constitutes a major factor attracting investments, as well as Pakistan, with its strategic location, skilled labor, and enormous potential, stressing that in recent years, Egypt has witnessed economic development and reforms that attract investments and enhance communication with Africa.
The minister confirmed that the volume of bilateral trade between Pakistan and Egypt amounts to about 400 million dollars, and that he is looking forward to diversifying into broader areas of cooperation.
Dr. Gohar Ijaz, Federal Minister of Commerce, Industry and Production of Pakistan, along with Minister Ahmed Samir, Minister of Commerce and Industry of Egypt and Alwaziz Mahmoud Esmat, Minister of Public Business Sector, inaugurated the Fourth Pakistan-Africa Trade Development Conference and One Country Exhibition at the Egypt International Exhibition Center in Cairo.
Meanwhile, a delegation including government officials and senior specialists in the business and industry sector from Pakistan, led by the Minister of Trade, Industry and Federal Production, visited Cairo to attend the Fourth Pakistan-Africa Trade Development Conference and the One Country Exhibition from January 9 to 11, 2024.
The conference was attended by more than 80 senior businessmen and representatives of chambers of commerce from countries in the Middle East and North Africa region to strengthen business relations with businessmen from Pakistan. The event began with an exclusive official conference, followed by a comprehensive two-day exhibition on January 10 and 11, 2024.
More than 200 businessmen from Pakistan have arrived in Cairo to conclude business deals. These businessmen will represent more than 20 different business sectors including textiles, engineering goods, food, agriculture and services.
The conference reviewed opportunities to enhance trade and sign joint project agreements between local and Pakistani businessmen in multiple sectors of common interest.
It also provides an opportunity to enhance trade and investment relations between Pakistan and countries in the Middle East and North Africa region, and the exhibition enabled participants to learn about the potential of Pakistani products.
