Egypt -Spain Business Council aims to organize an Egyptian promotional mission to the Spanish market to attract investments during the first quarter of 2018, Maged al-Menshawy the head of the Egyptian side said.
He told Amwal Al Ghad that the purpose of this visit seeks is to pinpoint the economic reforms measures undertaken by the Egyptian government during the last period to the Spanish business community. These measures include the liberalization of exchange rate, attracting new investments in the Egyptian market especially within the infrastructure field and developing railway signals.
al-Menshawy added that the Egyptian economic climate has become more attractive after the issuance of the new investment law and it executive regulations.
On the other hand, The trade exchange between Egypt and Spain has increased 17 percent to register €1.6 billion compared to €1.3 billion at the same period a year earlier. While, the Egyptian exports has recorded €779 million and Egypt’s imports from Spain has posted €823 million