El-Samadouni explained that maritime links are the most
stable and least affected by political disruptions compared to other modes of
transport. This highlights the importance of developing port networks and
economic zones, particularly Gwadar Port in Pakistan and the Suez Canal
Economic Zone.
He added that cooperation under the economic corridor
projects will contribute to increasing trade flows. He also invited the
Pakistani business community to explore the investment opportunities along the
Suez Canal Corridor. Gwadar Port provides Pakistan with direct access to the Arabian
Sea, allowing ships to pass through it to the Suez Canal and onward to Europe.
El-Samadouni noted that trade volume between Egypt and
Pakistan reached approximately $217 million in 2024. Egyptian exports amounted
to $104 million, including fertilizers, mineral oils, and food products.
Pakistani imports totaled around $113 million, mainly textiles, leather, rice,
and some machinery and equipment.
He pointed out that this relative trade volume reflects
significant growth potential, particularly in sectors where both countries have
competitive advantages. This allows for an expansion of the range of traded
goods and an increase in joint investments.
El-Samadouni revealed that Pakistani investments in Egypt
reached about $36 million, spread across more than 170 companies operating in
various sectors. This reflects growing confidence in Egypt’s investment
environment, especially given the facilities offered by the Suez Canal Economic
Zone.
He emphasized that the proposed link between the economic
zone and Gwadar Port represents the beginning of a joint logistics corridor.
This corridor will support trade between Pakistan, Africa, and Central Asia,
and strengthen Egypt's role as a pivotal hub in global supply chains.