Egypt offers access to US market

Egypt has invited Pakistani businesses to consider setting up manufacturing operations there, with the possibility of serving the US market through Egypt’s preferential trade arrangements, subject to relevant requirements. The Express Tribune reported that Investment and Foreign Trade Minister Mohamed Farid Saleh presented the proposal to Commerce Minister Jam Kamal Khan during meetings in Istanbul.

The two sides discussed investment and industrial links, with cotton and textiles among the areas identified for cooperation. Khan also held talks with Saudi and Tunisian counterparts on agriculture, food security, livestock, minerals, textiles, auto parts and manufacturing, and called for joint ventures and stronger business engagement. The meetings took place alongside the 42nd session of COMCEC.