Last Update 2:35
Sunday, 16 June 2019

Egypt keen on AfCFTA's entry into force: Trade and Industry Ministry

MENA , Tuesday 21 May 2019
Trade minister Nassar
File Photo: Egypt's Trade and Industry Minister Amr Nassar (Photo: Al-Ahram)
Share/Bookmark
Views: 1890
Share/Bookmark
Views: 1890

Egypt's political leadership is keen on fast-tracking steps for the entry into force of the African Continental Free Trade Agreement (AfCFTA) to achieve economic integration and comprehensive strategic partnership among the African countries, the Trade and Industry Ministry said in a statement.

The statement was released on Tuesday after Trade and Industry Minister Amr Nassar's meeting with a delegation of the African Union, headed by AU Technical Adviser on Regional Integration Rosette Katungi.

It pointed out that the ministry's plan for boosting economic cooperation with the African states is based on sharing trade and industrial expertise between Egypt and African countries and setting up projects between the Egyptian and African private sectors.

AfCFTA will contribute to bolstering intra-African trade and achieving higher economic and industrial growth rates for the continent, it stressed.

The meeting touched on Egypt's bid to host the headquarters of AfCFTA's executive secretariat.

Katungi, for her part, said the AU delegation's visit to Cairo comes as a part of a series of field visits it is paying to African countries to assess their bids for hosting AfCFTA's head office.  

Search Keywords:
Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.