“JAMA” underlines the importance of the concerted efforts of Arab and European countries to open new investment horizons

Nevin Jameh, Minister of Trade and Industry, stressed the need for concerted efforts by Arab and European countries to overcome their economic crises to achieve economic stability by opening new horizons for investment and exploiting the wealth of the region, underlining the great efforts of President Abdel Fattah El-Sisi in communicating with Egypt’s partners to support the stability and growth system, which Most important of these was the establishment of the Southeast Mediterranean Gas Forum, which represents a great success to manage the country’s wealth in cooperation with the countries of the region in order to achieve political and economic stability.

This took place today in the context of the Minister’s speech delivered on his behalf by Dr. Ahmed Maghawri, Head of the Commercial Representative Authority during the activities of the fifth session of the Arab-European Summit which was launched by Greece through the videoconference entitled ” Strategic partnership between the Arab world and the European Union “under the auspices of the European Parliament and the Greek Ministry of Foreign Affairs, with the participation of the Greek Minister for Development and Investment and a large number of ministers and representatives of Arab and Europeans.

The minister said countries in the Arab region have gone through difficult circumstances over the past decade that have affected their economic conditions in addition to what the world is currently witnessing with its impact following the outbreak of the Coronavirus, which has caused risks for health and economic deterioration in many countries.

Jameh explained that achieving balanced and sustainable economic growth is the top priority of the Egyptian government with the aim of creating a competitive and diversified economy, noting in this regard that Egypt has adopted a successful economic reform program. which has helped the Egyptian economy achieve growth rates that are considered to be the best in the Middle East and North Africa region. Which later helped Egypt cope with the economic repercussions of the emerging coronavirus crisis.