FILE- Trade Minister Tarek Kabil FILE- Trade Minister Tarek Kabil

Egypt to take part in African trade ministers' preparatory meeting in Rwanda: Min.

By: MENA
Wed, Feb. 28, 2018
CAIRO - 28 February 2018: Minister of Industry and Trade Tarek Kabil said on Wednesday Egypt will take part in next week's preparatory meeting of the African trade ministers in the Rwandan capital Kigali for talks on the establishment of an African free trade area.

The minister's statements were made after his meeting with Nigerian Minister of State for Industry, Trade and Investment Aisha Abubakar, currently visiting here, for talks on means of enhancing trade exchange and joint investments between the two countries in the coming period.

The minister noted that African countries whose total population stands at more than one billion, aim at achieving a Gross Domestic Production (GDP) worth $3 trillion.

The minister asserted the importance of coordinating stances of the African countries to reach common understandings to ensure flow of trade and investment among them.

He also underlined the importance of beefing up economic ties between Egypt and Nigeria given the fact that they are two of the biggest economies in Africa.

Meanwhile, the Nigerian minister asserted that her government is keen on enhancing economic ties with Egypt in the industrial, trade and investment fields in the coming phase, highlighting the importance of the private sector's participation in the development projects of both countries
 
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