The Egyptian ambassador in Bern holds a celebration to announce the establishment of a trade room between Egypt and Switzerland
In the context of the priority that the Egyptian state attaches to enhancing trade and investment relations with various countries of the world and to attract investments and open markets for Egyptian exports abroad, and the efforts made by the Egyptian embassies with their accredited countries.
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& nbsp; To announce the establishment of a trade room between Egypt and Switzerland, Egyptian-Swiss Business Circle (ESBC) along the lines of the Swiss-Egyptian Chamber in Cairo, in which he participated as a guest of honor, Deputy Minister of State for Economic Affairs, Ambassador & quot; IVO GERMANN & quot; And a member of the Chamber’s Board of Directors in his capacity, and Prince & quot; Muhammad Ali & quot; The son of the former King of Egypt & quot; Ahmed Fouad & quot; The honorary member of the Chamber’s Board of Directors, and Kareen Weick Chairman of the Chamber & quot; Esbc & quot;, approximately 30 Egyptian and Swiss men. During the celebration of the importance of this chamber in achieving the required integration with the convening of the first round of the joint economic committee between Egypt and Switzerland, explaining that the private sector is not as long as the locomotive of growth in any country, stressing the importance of the participation of representatives of the private sector in the work of the joint economic committee with the aim of enhancing economic, commercial and investment cooperation between the two countries with an area of economic cooperation between them despite the geographical and climatic differences And the structural.
& nbsp; The volume of trade exchange between the two countries also reaches about & nbsp; 1.26 billion Swiss francs, according to the estimates of 2023. Switzerland is the seventh largest foreign investor in Egypt, where the total volume of Swiss investment in Egypt is estimated at about 1.2 billion dollars, according to estimates in 2023, and there are nearly 100 Swiss companies in Egypt who create more than 25 thousand job opportunities, concentrated in the fields of energy, medicines and food industries.
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