During his meeting with his Turkish counterpart, Mehmet Simsek, on the sidelines of the G20 meetings in Brazil, Koc said, “The Egyptian government is keen to strengthen bilateral economic relations with Turkey, which contributes to achieving mutual interests by advancing regional economic integration efforts in the Mediterranean and Middle East regions.”
Kojok pointed out the “importance of bilateral cooperation in addressing common challenges related to climate change and sustainability, by proposing joint initiatives that contribute to enhancing efforts to protect the environment and sustainable development.”
He added: “We are keen to work together to consolidate the bonds of bilateral cooperation,” taking into account “the optimal exploitation of promising economic opportunities in expanding the scope of trade and investment between the two countries.”
He explained, “The Egyptian side is keen to deepen cooperation with the Turkish side in the fields of economic and financial policies and exchange expertise in facing global and regional challenges, through periodic meetings between the two countries’ Ministries of Finance, in a way that also contributes to coordinating visions and common positions on issues of international cooperation to reform the global financial structure.”
The minister stressed that “Turkey is one of Egypt’s most important trade partners, and we aim to increase the volume of bilateral trade to $15 billion in the coming years, especially since we have projects that attract Turkish investments in infrastructure, energy and technology.”
“We aim to push the private sector to increase its contributions to economic and development activities, so that it becomes the main driver of sustainable growth in Egypt,” he added, explaining, “We are working to create an attractive environment for investment and improve the relationship between investors and the Tax Authority, which contributes to building bridges of trust with the business community in a way that is reflected in increasing rates of voluntary tax compliance and integrating the informal economy into the formal economy.”
Source: Egyptian media
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2024-07-26 18:49:47