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Egypt: Minister – Sisi’s Visit to Japan Opens New Horizons for Egyptian Exports
Minister of Trade and Industry Tarek Qabil asserted that President Abdel Fattah El Sisi’s upcoming visit to Japan, expected in late February, is an important step towards enhancing economic, trade and investment relations between the two countries and will offer a good chance to open new horizons for Egyptian exports on the Japanese market.
The remark was made in a statement released on Saturday 13/02/2016 by the Trade and Industry Ministry following Qabil’s meeting with Japanese Ambassador in Cairo Takihiro Kagawa.
Qabil said that Sisi will meet with senior Japanese officials topped by the prime minister and the Japanese Emperor. He will also hold meetings with Japanese parliament members and business community in the presence of a large number of representatives of Egyptian and Japanese companies.
The visit will provide a good chance for reviewing available investment opportunities between the two countries and establishing partnership between the Egyptian private sector and its Japanese counterpart in view of Egypt’s launching of several mega national projects, added the statement.
He also highlighted the importance of beefing up trade and investment relations as the figures of trade exchange did not reflect the depth of relations binding the two countries.
The Japanese diplomat, for his part, asserted that his country is looking forward to Sisi’s visit at the end of the current month, noting that the visit would contribute to deepening bilateral relations, enhancing strategic political dialogue and beefing up economic cooperation.
Takihiro also asserted that Japan is keen on encouraging Egypt’s efforts to achieve prosperity and economic progress through increasing its investments in Egypt in the coming phase, noting that the Middle East market has vast investment potentials.
The Japanese diplomat extended an invitation to the Egyptian minister to attend a cooperation and partnership conference between Japan and African countries, due to be held in Morocco in May
