President Abdel Fattah al-Sisi is heading a delegation of the Egyptian Economic Group Ministers at the Davos World Economic Forum in Switzerland on Wednesday to present the economic reform program adopted by Egypt to regain its position as one of the most important economies in the Arab, African and international regions.
Meanwhile, Minister of Trade and Industry Mounir Fakhry Abdel Nour met with Markus Leitner, the Swiss ambassador in Cairo, to discuss the participation of Swiss investors in the Sharm al-Sheikh economic summit in March to view investment opportunities in national projects, such as the Golden Triangle Project in southern Egypt, the al-Sebaeya Phosphate Project, new and renewable energy projects and small and medium enterprises.
Egypt has the second highest return on investment rate in the world, which makes it a most important investment destination.
Abdel Nour called for the activation of the free trade agreement with Switzerland, Norway, Iceland and Liechtenstein that allows the entry of Egyptian products to the markets of central and northern Europe.
He said that he is attending the ministerial meeting of the World Trade Organization (WTO) at the sidelines of the forum and at the invitation of the Swiss Minister of Economy to discuss the latest developments in the WTO negotiations on development issues.
