Egyptian and Armenian representatives, Minister of Economy Varos Simonyan and Minister of Trade and Industry Khaled Hanafy, met in Cairo to discuss the potential for economic cooperation between Armenia and Egypt. The Armenian Embassy in Egypt shared this information on their Facebook page. The representatives emphasized the importance of establishing new ties and exchanging investments between the two countries. Additionally, they discussed the upcoming Armenian-Egyptian intergovernmental commission, scheduled to take place in Cairo in February 2024, and the need to fulfill the commitments made during this event. They also explored opportunities to enhance trade and investment cooperation.

This news from Armenia highlights the efforts being made to strengthen economic relations between Armenia and Egypt. The meeting between Minister Simonyan and Minister Hanafy reflects a mutual interest in expanding trade and investment opportunities. By discussing potential collaborations and upcoming events, both countries are showing their commitment to fostering economic growth and benefiting from bilateral cooperation. This indicates a positive step towards developing a closer relationship and exploring new avenues for economic development.