GAFI CEO Hossam Heiba highlighted the significant role of French investment in Egypt's economic growth and noted the expansion of French companies across various industrial and service sectors.
Heiba underscored the government's extensive reforms to the customs
system, which include accelerating pre-clearance procedures, expanding
digitalization, improving valuation methods, and shortening release times. He
affirmed that these measures are designed to enhance Egypt's competitiveness
and facilitate trade.
Heiba also encouraged French investors to utilize GAFI's Permanent
Investor Problem-Solving Unit and the Investor Disputes Settlement Center to
ensure quick and effective solutions. He announced that this meeting marks the
beginning of a periodic dialogue platform between GAFI, the French Embassy, and
French companies to discuss challenges and improve the business climate.
Ambassador Chevallier expressed France's commitment to supporting
economic and investment cooperation, confirming that French firms are key
partners in the Egyptian economy.
Customs Chairman Awaad reviewed ongoing customs reforms
aimed at simplifying procedures, developing digital infrastructure, and
speeding up trade, in line with international best practices.
The meeting featured an extended discussion session where
representatives from leading French companies—spanning automotive, energy,
logistics, and aviation sectors (including Valeo, Air Liquide, and CMA CGM)—reviewed
customs and supply chain challenges and discussed opportunities for stable
growth in Egypt.
Both sides concluded by expressing their commitment to continuous coordination and constructive dialogue to support the business community and facilitate investment flows between the two countries.