President Abdel Fattah El-Sisi affirmed that the European Union (EU) is Egypt’s primary trade and investment partner, accounting for nearly 27% of the country’s total foreign trade volume in 2024.
During the closing session of the Economic Forum, held on the sidelines of the first Egypt-EU Summit in Brussels, El-Sisi explained that EU investments represented approximately 32% of Egypt’s total foreign direct investment (FDI) stock during the same year.
He added that the forum sessions addressed several strategic topics, including a proposal to study the establishment of a European investment corridor within Egypt — serving as a gateway to African and Arab markets.
El-Sisi emphasized the importance of the Economic Forum, which took place in parallel with the Egypt-EU Summit, describing it as a landmark event and a new step toward strengthening the partnership between Egypt and the European Union.
Discussions also covered proposals aimed at enhancing Egypt’s integration into European supply chains, as well as highlighting the crucial role of the private sector and the importance of state support to empower it as a key driver of sustainable development.
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