Egypt’s Minister of Trade and Industry Ahmed Samir and Turkish Minister of Industry and Technology Mehmet Fatih Kacır met in Ankara on Thursday to discuss ways to enhance joint industrial cooperation. The two ministers discussed the possibility of signing a joint memorandum of understanding that would cover industrial cooperation, technical expertise transfer, technical training, university education, pre-university education, industrial investment, and agricultural manufacturing. Samir also proposed establishing a mechanism for joint cooperation in manufacturing in Egypt and exporting to various countries. He also highlighted the importance of enhancing industrial and technological cooperation between the two countries, especially as Turkey has 354 industrial zones and the industrial sector’s contribution to the Turkish GDP is 27% and is worth $240bn. He also pointed out the importance of benefiting from all opportunities for joint industrial investment and cooperation in the field of new and renewable energy, including solar and wind energy.
