Strengthening Financial, Tax, and Customs Collaboration Between Egypt and Qatar

Egyptian Finance Minister Mohamed Maait held a bilateral meeting with his Qatari counterpart Ali bin Ahmed Al-Kuwari on the sidelines of their participation in the joint annual meetings of Arab financial institutions in Morocco.

The Egyptian minister said: “We are committed to expanding financial, tax and customs cooperation with the Qatari side in a way that will help create a more stimulating environment for trade, production and export between the two countries.”

He noted, “We are continuing structural reforms to empower the local and foreign private sector and give them more opportunities to play their desired role in maximizing the production and export capabilities of the Egyptian state and strengthening the cohesion of the Egyptian state. In this context, the importance of the document on the policy of state ownership, which opens up wide horizons for private investment, is growing.

The Egyptian Minister added: “We are looking forward to attracting more investment in promising development sectors, especially in light of the attractive opportunities that the state provides, in priority sectors in light of the global trend of green transformation and a focus on renewable energy production, which is in harmony. with Egypt’s expansionary efforts.” In an environmentally friendly investment based on a developed infrastructure that can meet all the needs of investment and production activities.

For his part, Ali bin Ahmed Al Kuwari, Qatar’s finance minister, said his country is a major investor in Egypt across all sectors, noting that “we are committed to stimulating Qatari investment in Egypt in the continuation of historical ties.” between the two countries.”

Source: RT

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