Egypt is Ukraine’s key economical partner on the African continent
24 July 2020 20:47

On July 24, 2020, Deputy Minister for Foreign Affairs of Ukraine Vasyl Bodnar met with Ambassador of the Arab Republic of Egypt to Ukraine Hossam Ali.

The Parties noted that in recent years there has been a steady increase in trade between Ukraine and the EEA. Egypt currently holds a key position among Ukraine's economic partners on the African continent. In this context, the Parties agreed to further deepen cooperation in the economic sphere and to explore the possibility of organizing high-level visits.

Diplomats noted the significant potential in the field of investment cooperation. The development of this area will be facilitated by well-established business relations and participation of entrepreneurs of the two countries in investment projects.

The Ambassador expressed his gratitude to the Ukrainian side for the high level of organization of the visit to Kyiv of the Egyptian delegation headed by the Minister of Tourism and Antiquities of Egypt Khaled al-Anani and noted the significant prospects for cooperation in the field of tourism.

For reference: In 2019, 1.49 million Ukrainian tourists visited Egypt. According to this indicator, Ukraine comes second after Germany.

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