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Egypt, Armenia explore agricultural investment opportunities

Businessmen Team news 22 December 2025 02:17 PM
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Egypt,  Armenia explore agricultural investment opportunities

Agriculture Minister Alaa Farouk and Armenian Economy Minister Gevorg Papoyan met in Cairo to boost bilateral cooperation in seed production, land reclamation, and water conservation.

The talks, held on the sidelines of the sixth Egyptian-Armenian Joint Committee for Economic Cooperation, focused on integrating the private sector and increasing joint agricultural investments.

Minister Farouk highlighted Egypt's readiness to export strategic commodities, fruits, and vegetables to Armenia, noting the international reputation of Egyptian produce. The ministers agreed on several initiatives:

Investment Forums: Organizing workshops and exchange visits for businessmen to explore large-scale national projects.

Modern Technology: Implementing advanced irrigation and farming systems to optimize water use.

Capacity Building: Enhancing technical training through specialized research centers in both nations.

Papoyan expressed Armenia’s intent to leverage Egyptian expertise in land reclamation and water management. He praised the recent development of Egypt’s agricultural sector, emphasizing a shared goal to deepen economic ties through high-tech joint ventures.