Debt swap represents a pathway and a real opportunity to support development sectors of priority and move forward towards achieving the sustainable development goals.

The trade volume with Germany is about 6 billion euros. We look forward to more strategic partnerships in the coming period

We aim for greater cooperation in the fields of renewable energy, green hydrogen and export-oriented industries

Developing the productive sectors by taking advantage of German expertise and technology to increase employment opportunities and raise the standard of living of citizens

 

 

 

Minister of Finance, Ahmed Kouchouk, held a bilateral meeting with Jörg Kukies, German Minister of Finance, on the sidelines of their participation in the meetings of the World Economic Forum "Davos 2025", within the framework of the keenness of the two sides to strengthen cooperation relations in various economic and investment fields and financial policies, taking into account the desire of the Egyptian government to deepen production and local manufacturing through the localization of expertise and advanced technology.

 

Kouchouk assured that we are working on fiscal and tax policies that stimulate the domestic and foreign private sector to attract more investments in various economic activities, pointing out that the debt swap represents a real path and opportunity to support development sectors of priority, and move forward towards achieving the sustainable development goals.

 

Kouchouk said that the trade volume with Germany is about 6 billion euros, and we look forward to more strategic partnerships in the coming period. He added that we aim for greater cooperation in the fields of renewable energy, green hydrogen and export-oriented industries.

 

The Minister added that we seek to develop the productive sectors by taking advantage of German expertise and technology to increase employment opportunities and raise the standard of living of citizens.