Egypt and Eritrea convene joint business forum to boost economic ties

ASMARA – 16 May 2026: Egypt and Eritrea on Saturday convened a joint business forum bringing together foreign ministers, officials and business representatives from both countries.

The forum discussed ways to enhance economic, trade and investment cooperation between Egypt and Eritrea and build on the growing momentum in bilateral relations, the Egyptian foreign ministry said in a statement.

During the meeting, Foreign Minister Badr Abdelatty affirmed Egypt’s keenness to enhance bilateral cooperation with Eritrea in economic, investment, trade, industrial and development fields, particularly in transport, construction, pharmaceuticals, mining, fisheries, railways and logistics services.

He also stressed the need for continuing technical support, capacity-building and training programs aimed at qualifying Eritrean talents in various sectors.

Abdelatty also affirmed the importance of supporting the participation of Egyptian private-sector companies in the Eritrean market and boosting opportunities for Egyptian exports, thereby reinforcing economic development and regional integration.

Attending the meeting, Economic Adviser to the President of Eritrea Hagos Ghebrehiwet praised the growing momentum in relations with Egypt, affirming Eritrea’s keenness to continue joint cooperation and benefit from Egyptian expertise in supporting development and reconstruction.

The forum also witnessed extensive discussions between Egyptian and Eritrean business representatives on available investment opportunities, prospects for launching joint projects, and mechanisms to overcome obstacles facing the business community.

Abdelatty affirmed Egypt’s commitment to providing all forms of support to Egyptian companies, while strengthening coordination with relevant Eritrean authorities to deepen the economic partnership between the two countries and promote regional economic integration in the Horn of Africa.