During the meeting, the two sides discussed ways to enhance economic cooperation between the two countries, and the serious endeavour to double joint efforts and exchange constructive and diverse experiences between the governments of the two countries, and discussed opportunities for concluding a free trade agreement to facilitate the movement of import and export and increase trade exchange during the coming period between the two countries. Maait said that the historical relations between the two countries extend for many decades, stressing that we are looking forward to concluding a joint agreement between the ministries of finance of the two countries to discuss public finance affairs, exchange experiences periodically, discuss economic conditions, discuss and study the double taxation agreement between the two countries and re-update it to keep pace with best practices and developments on the scene. For his part, the Malaysian Deputy Minister of Finance praised the Egyptian state's development in various economic activities, stressing his country's aspiration for joint cooperation in areas with a developmental dimension such as education, tourism, renewable energy and medical supplies. He referred to the study of the exchange of commodities of interest to the two countries. For example, Egypt imports palm oil in return for exporting pharmaceutical raw materials in a way that contributes to providing the basic needs of goods for the two countries in light of the current crises.
