Tue, 13 Apr 2021 - 12:25 GMT
FILE PHOTO: Egypt's Finance Minister Mohamed Maait gestures during a news conference in Cairo, Egypt July 17, 2019. REUTERS/Amr Abdallah Dalsh/File Photo
CAIRO - 13 April 2021: Minister of Finance Mohamed Maait said that infrastructural investments are one of the most important pillars of economic reform, given their importance for creating a conducive environment for local and foreign investments.
Maait made the remarks in a statement given Monday on the fringe of his meeting with Governor of Khartoum Ayman Khaled Nimr as part of the minister's current visit to Sudan among an Egyptian delegation led by Prime Minister Mostafa Madbouli.
During the meeting, held in the presence of members of the Sudanese Businessmen and Employers Federation, Maait said that the Egyptian government is keen on transferring knowledge to Sudanese brethren to deepen mutual constructive cooperation on new development projects that would contribute to entrenching the partnership between the peoples of both countries.
He also highlighted the effective role of exchanged official visits for opening up new horizons for bilateral cooperation, especially at the economic level, noting that the structural national economic reforms are not the sole responsibility of finance ministers; rather they are pursued in cooperation among all government actors.
Reviewing prospects of economic cooperation with the Sudanese officials, Maait said that he looks forward to enhancing coordination between the Sudanese federation, the Federation of Egyptian Chambers of Commerce (FEDCOC), the Federation of Egyptian Industries (FEI) and financial institutions in both countries.
He also hoped that the Egyptian-Sudanese joint economic committee would exert more efforts to remove all trade barriers