At the Conclusion of the Sixth Session of the Egypt–Azerbaijan Joint Committee, Co-Chaired by H.E. the Minister of Planning, Economic Development and International Cooperation and the Azerbaijani Minister of Digital Development and Transport

At the Conclusion of the Sixth Session of the Egypt–Azerbaijan Joint Committee, Co-Chaired by H.E. the Minister of Planning, Economic Development and International Cooperation and the Azerbaijani Minister of Digital Development and Transport

 

Egypt and Azerbaijan Launch a New Phase of Bilateral Cooperation Through a Protocol Covering 12 Economic and Development Sectors

 

The two countries agree to deepen partnership in investment, entrepreneurship, energy, technology, transport, food security, tourism, education, environment, and health

 H.E. Al-Mashat: We thank the Azerbaijani side for its ongoing coordination and commitment to the success of the Joint Committee

Continuous follow-up to implement the Committee’s outcomes and advance all areas of cooperation

Strengthening investment cooperation, promotion activities, entrepreneurship, and exchange of expertise

Reciprocal business missions to explore joint opportunities

Activation of the MoU on renewable energy, battery storage systems, and energy efficiency

Exploring partnership in exploration, extraction, and refining activities

Expanding cooperation in agriculture, food security, and participation in international exhibitions

Transport and technology high on the agenda to leverage advanced infrastructure

Enhancing Azerbaijani tourist flows to Egypt and mutual participation in tourism exhibitions

Agreement on cooperation in education, scientific research, and university linkages

Discussing capacity-building opportunities in health and universal health insurance

Strengthening cooperation in environment and climate action

 

The sixth session of the Egypt–Azerbaijan Joint Committee for Economic, Scientific, and Technical Cooperation concluded today in Cairo. The session was co-chaired by H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, and Mr. Rashad Nabiyev, Minister of Digital Development and Transport of Azerbaijan, with the participation of representatives from numerous government entities from both sides. A joint business forum was also held on the sidelines of the Committee with the participation of private-sector representatives and investors from Egypt and Azerbaijan.

 

Egyptian participants included representatives from the Ministries of Trade and Investment, Health, Agriculture, Petroleum, Electricity and Renewable Energy, Tourism and Antiquities, Culture, Higher Education, Youth and Sports, Environment, Communications and Information Technology, Transport, and Civil Aviation, in addition to the General Authority for Investment and Free Zones and the Micro, Small and Medium Enterprise Development Agency. Numerous Azerbaijani entities attended as well.

 

During the session, both sides held extensive discussions on all dimensions of bilateral cooperation, reviewing the future of economic, trade, investment, cultural, and scientific relations. They explored prospects for additional cooperation agreements that would strengthen the partnership and capitalize on the significant opportunities available to the private sector in both countries.

 

In her remarks, H.E. Dr. Al-Mashat emphasized that the growing political ties between Egypt and Azerbaijan provide strong momentum for expanding economic cooperation and joint investments. She highlighted the importance of leveraging this positive trajectory to explore new areas of collaboration that serve shared development priorities.

 

H.E. stressed that the Joint Committee will continue to design clear frameworks for cooperation that reflect the priorities of both nations and support sustainable development. She noted that Egypt will coordinate closely with Azerbaijan’s Ministry of Digital Development and Transport to ensure continuous follow-up on the Committee’s outcomes to activate agreements that expand investments, trade, and all areas of cooperation. The Committee witnessed in-depth discussions among participating ministries and agencies from both sides on emerging opportunities and promising sectors for new investments.

 

At the conclusion of the session, H.E. Dr. Al-Mashat and the Azerbaijani Minister signed the official protocol of the sixth session, encompassing 12 priority areas of economic and development cooperation. These include trade and investment, energy, agriculture and food safety, transport and ICT, tourism, antiquities, culture, education, youth and sports, health, environment, and consular affairs.

 

The two sides agreed to strengthen investment cooperation through the activation of the joint work plan between Egypt’s General Authority for Investment and Free Zones (GAFI) and Azerbaijan’s Investment Promotion Agency for 2026–2027. This will focus on the exchange of expertise and best practices in investor services, investment mapping, promotion strategies, free zones, investment zones, and entrepreneurship—aligned with Egypt’s efforts to create an enabling environment for private-sector participation and consistent with Egypt’s Narrative for Economic Development: Reforms for Growth, Jobs & Resilience.

 

The protocol also included activating cooperation in electricity and renewable energy under the Memorandum of Understanding signed in June 2024, with a focus on renewable energy solutions, energy efficiency, and battery-storage systems, in addition to cooperation in oil and gas exploration, extraction, and petrochemical refining. These efforts complement Egypt’s broader green-transition agenda and flagship initiatives such as NWFE, the national platform for mobilizing climate-related investments.

 

The Committee further endorsed enhanced cooperation in agriculture and food security through the exchange of information on sustainable agricultural practices, water-management techniques, and agricultural research. The two sides also agreed to expand collaboration in ICT and transport, including cooperation on trade routes linking Egypt with Central Asia and China through coordinated efforts between the Ports of Baku and Alexandria.

 

The protocol additionally calls for mutual participation in tourism exhibitions, steps to increase Azerbaijani tourist flows to Egypt—particularly ahead of the opening of the Grand Egyptian Museum—and joint cooperation in antiquities exhibitions and museum-sector training. Cooperation will also be strengthened in culture, creative-industry centers, education, scientific research, youth and sports, public-health expertise, and Egypt’s universal health-insurance system.

 

Finally, the two countries agreed to maintain coordination on environmental and climate-action initiatives, building on the outcomes of COP27 in Sharm El-Sheikh and COP29 in Baku, and to expand cooperation in consular affairs as part of the newly signed protocol.