Trade exchange bet. Egypt, Zambia hits $250M in 2019

Trade exchange between Egypt and Zambia reached $250 million during 2019, Minister of Trade and Industry Nevine Gamea said during Egyptian-Zambian Business Forum.

She noted that organizing Egyptian-Zambian Business Forum at the present time is a positive step to encourage trade and investment cooperation between Egypt and Zambia, and to push the rates of intra-trade to distinct levels that reflect the bilateral relations and the historical joint ties between Egypt and Zambia.

She indicated the importance of the business circles in Egypt and Zambia taking advantage of the opportunities available in the various investment and commercial sectors, as well as the information available in this regard, to find out the comparative advantages that each country has in all sectors and to exploit these advantages in support of joint economic cooperation.

She confirmed that the government is implementing a comprehensive strategy to develop joint cooperation between Egypt and the African countries, aiming at achieving regional economic integration by increasing trade exchange rates, enhancing investment cooperation, and exchanging industrial experiences.