Dr. Mostafa Madbouly, the Prime Minister, will hold a press conference shortly to present the key points discussed during the Cabinet meeting.

Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, reviewed the proposed trade policy document for Egypt, noting that this document complements the Egyptian state’s vision and contributes to supporting the objectives of Egypt Vision 2030. It also serves as a tool to activate economic reform and achieves the linkage between investment and trade within an integrated framework. The document aims to reach exports of $145 billion by 2030, focusing on high value-added sectors and maximizing benefits from global opportunities. Furthermore, the document keeps pace with global economic developments, enhances Egypt’s position in global value chains, and consolidates Egypt’s role as a regional trade hub. It also contributes to institutional coordination and maximizes returns from agreements by linking them to investment through an institutional framework that ensures governance and integration.

Engineer Hassan El-Khatib added that linking investment with trade is a key approach to addressing the trade balance deficit by directing the economy towards exports, strengthening the production base, and increasing the added value of local products.