H.E. Dr. Rania Al-Mashat, Minister of International Cooperation, met with H.E. Amb. Olivia Toderean, the new Ambassador of the Republic of Romania in Cairo, within the framework of the role played by the Ministry of International Cooperation, to strengthen economic relations with multilateral and bilateral development partners, where they discussed joint work files and ways to enhance cooperation during the coming period.
At the beginning of the meeting, the Minister welcomed the Ambassador of Romania to Cairo, applauding the distinguished economic and trade relations between the two countries, as both Egypt and Romania have close historical relations that exceed over a hundred years.
During the meeting, the two sides discussed preparations for holding the meetings of the 4th session of the Egyptian-Romanian Joint Committee, headed by the Ministry of International Cooperation on the Egyptian side, and the Ministry of Economy on the Romanian side, at the end of next April, as these meetings aim to push economic, commercial and tourism cooperation relations to broader horizons and achieve tangible achievements on-ground.
The committee’s agenda is scheduled to include a focus on specific areas that were chosen after an extensive study of the relative advantages of each of the two countries, and the needs and priorities of the Egyptian side, in order to ensure that the two parties achieve maximum benefit from holding these meetings, such as trade, investment, electricity and energy, agriculture, health, and education, tourism, communications and information technology, civil aviation, international development cooperation, in addition to examining ways and mechanisms to enhance the volume of trade exchange between the two countries.
The Minister pointed out the importance of holding a forum for businessmen from both countries and representatives of Romanian and Egyptian companies to learn about the investment opportunities available in both countries, as well as the advantages of investing in Egypt, to attract more Romanian investments to Egypt, within the framework of ensuring that the private sector has the opportunity to the role assigned to it in implementing the state’s development plan and accessing promising markets.
It is worth noting that the Ministry of International Cooperation supervises 68 committees between the Arab Republic of Egypt and countries from various continents of the world, including 8 Asian committees, 30 European committees, 14 committees with Arab countries, 9 African committees, in addition to 7 committees with Latin American countries.
Joint committees are an important mechanism for activating and developing bilateral cooperation relations, benefiting from experiences between countries in various fields, and strengthening common positions.