Ambassador Tamim Khallaf, the spokesperson for the Egyptian Foreign Ministry, stated that Abdelatty expressed Egypt's appreciation for its close historical relations with Pakistan, noting the remarkable development in bilateral ties across various fields in recent years.
Abdelatty stressed the importance of reactivating regular
institutional dialogue frameworks between the two countries, particularly the Joint
Commission headed by the two Foreign Ministers, and working towards holding its
next session as soon as possible to achieve practical and tangible results
beneficial to both nations.
Regarding economic cooperation, Dr. Abdelatty emphasized
Egypt's interest in expanding economic, trade, and investment cooperation with
Pakistan, aiming to raise the volume of trade exchange to reflect the two
countries' significant potential.
The Minister reviewed the economic reforms implemented by
the Egyptian government in recent years, including monetary policy and the
flexible exchange rate system, which have contributed to improving economic
performance, raising credit ratings, and strengthening the investment climate.
The two officials discussed a proposal to sign a joint
action plan between Egypt's General Authority for Investment and Free Zones
(GAFI) and the Pakistan Board of Investment. This plan aims to enhance
communication between business communities and open new avenues for investment.
Abdelatty also underlined the importance of reactivating the
Joint Business Council and the joint council between the Egyptian and Pakistani
Chambers of Commerce to support economic, trade, and investment cooperation.
The Minister expressed interest in facilitating trade and economic linkages between the Suez Canal Economic Zone (SCZone) and Pakistan's Gwadar Port, and exploring the potential for establishing value-added industries within the SCZone.