Dr. Al-Mashat Meets Swiss Minister of Economic Affairs Following the Signing of the Joint Committee Agreement

H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a bilateral meeting with Ms. Helene Budliger, Swiss Director of the State Secretariat for Economic Affairs, following the signing of the Egyptian-Swiss Joint Committee Agreement. The signing of the agreement was witnessed by Prime Minister H.E. Dr. Mostafa Madbouly and Swiss Vice President Mr. Guy Parmelin.

 

During the meeting, the two ministers discussed the future steps for activating the Joint Economic Committee, which is significant for elevating economic, commercial, and investment relations between the two countries.

 

They emphasized its significant role in enhancing economic, trade, and investment relations between the two countries and expanding cooperation to include additional priority areas.

 

H.E. Dr. Rania Al-Mashat expressed appreciation for the Swiss side for their continuous coordination in finalizing the committee agreement.

H.E. Minister Al-Mashat noted that the agreement represents the culmination of decades of efforts between the two countries, during which cooperation was coordinated in the area of development and financing for numerous development projects financed by Switzerland in Egypt, which have contributed to enhancing development efforts.

 

 

H.E. Dr. Rania Al-Mashat affirmed that the Joint Committee between Egypt and Switzerland reflects the pivotal role of economic diplomacy in advancing mutual relations and development financing.

 

H.E. Minister Al-Mashat highlighted Egypt's keenness to strengthen ties with various friendly and brotherly countries through the mechanism of joint committees, which solidify cooperation between both the public and private sectors.

 

It is worth noting that the Egyptian-Swiss Joint Economic Committee aims to promote trade exchange, facilitate investments by companies in both countries, explore new opportunities to access markets, and address challenges to drive bilateral economic relations.

In addition it evaluates and updates existing economic agreements, and improves their implementation in line with the needs and interests of both parties.

The committee also focuses on identifying key economic areas for both sides, facilitating the exchange of expertise and best practices among specialists in various economic fields, and addressing both general and specific trade issues raised by private sector representatives in both countries.

Furthermore, it aims to promote cooperation in international economic issues of mutual interest.