Ukraine and Egypt will hold the Intergovernmental Joint Commission on Economic and Scientific and Technical Cooperation in Cairo on December 14 to December 16, the Economy Ministry said on the website, following the meeting of Deputy Economy Minister, Trade Representative of Ukraine Taras Kachka with Egyptian Ambassador to Ukraine Ayman Elgammal.
“We are currently conducting a study on the possibility of concluding an agreement on a free trade area with Egypt. Ukraine is interested in increasing the supply of agricultural and food products, vehicles, electrical equipment, engineering products,” the ministry’s press service said, citing Kachka.
He said that Egypt occupies a leading position among the countries of Africa and the Arab world in terms of trade with Ukraine. According to the results within the period of January-August 2021, trade between the countries amounted to $1.044 billion, for the entire last year to $1.7 billion.
According to the Ukrainian side, a major project of the Egyptian government, namely the construction of the new capital Vedian is interesting concerning the possibility of participation of Ukrainian business.
