El-Khatib highlighted the deep and evolving ties between
Egypt and Japan, built on mutual respect and a shared vision for sustainable
development. He emphasized Japan's role as a vital trade partner, noting the
significant presence of Japanese companies in key Egyptian sectors such as
automotive, energy, manufacturing, and pharmaceuticals. This, he said, reflects
growing confidence in Egypt's economy and potential.
The Minister underscored the spirit of cooperation and
mutual benefit defining bilateral relations. He stated that Japan views Egypt
as a gateway to Africa and the Middle East, a strategically important country
with a young, ambitious population and bold development goals. Conversely,
Egypt sees Japan as a precise, innovative, and long-term visionary partner that
values collaboration, discipline, and excellence.
El-Khatib pointed to Egypt's tangible transformation in
infrastructure investment over the past decade, paving the way for sustainable
and long-term growth. He asserted Egypt's immense potential as a hub for
companies seeking to diversify global supply chains, offering stability,
competitiveness, and access to regional and global markets.
He detailed Egypt's wide-ranging reform agenda, including
monetary policies focused on inflation targeting to bolster macroeconomic
stability and real economic growth. Fiscal reforms involve simplifying taxes
and reducing non-tax burdens. El-Khatib also noted accelerated digital
transformation for company registration and licensing, aiming for faster,
simpler, and more transparent processes. In trade, efforts are underway to
enhance competitiveness through streamlined customs procedures and reduced
clearance times.
Finally, El-Khatib stressed Egypt's commitment to maximizing free trade agreements to ensure effective access to global markets, boost exports, and integrate local industries into global value chains.