The Egyptian ambassador to South Africa discusses launching a business council with Pretoria.
Written by: Mohammed Omran
Ambassador Ahmed Sherif, Egypt's ambassador to South Africa Botswana and Lesotho, and Egypt’s Permanent Representative to the SADC, with Mr. Simbwe Hamilton, Director-General of the South African Ministry of Trade, Industry and Competition, with the participation of Dr. Magid George, Chairman of the Egyptian side of the “Egyptian-South African Business Council” currently being launched, and Eng. Medhat Lotfy, member of the Egyptian side of the Council, and in the presence of the Commercial Office of the Embassy.
The meeting addressed the ongoing arrangements for launching the “Egyptian-South African Business Council,” and ways to advance this important mechanism to be an effective platform for enhancing direct communication between the business communities in the two countries, and supporting trade, investment and joint projects opportunities between Egypt and South Africa.
Egypt and South Africa discuss launching a joint business council
The Egyptian ambassador’s discussions also included a number of topics of bilateral economic and trade cooperation, most notably ways to enhance coordination and consultation on opportunities to establish mutual logistics zones, in light of what was agreed upon during the mutual visits between the two countries’ trade ministers at the end of last year.
The Egyptian Ambassador hosted a dinner in honor of Dr. Magid George’s visit to South Africa, in the presence of a number of members of the South African side of the Business Council that is being launched, as part of efforts to accelerate communication between the Egyptian and South African sides, and to formulate practical steps to advance economic cooperation between the two countries.
Egyptian-South African moves to launch a business council and boost investment
Ambassador Ahmed Sharif confirmed that economic consultations between Egypt and South Africa are currently being intensified, in light of the shared desire to elevate trade and investment relations to a level befitting the fact that the two countries are the largest economies in the African continent.
