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The Egyptian Minister of Investment formed the Egyptian side of the Egyptian-Korean Business Council for a period of three years, with the aim of strengthening economic and investment cooperation between Egypt and South Korea. The council includes 20 Egyptian companies and institutions from various sectors such as fertilizers, construction, energy, pharmaceuticals, marble, education, and engineering and electrical industries. The council's goal is to support Egyptian exports, encourage industrial and commercial partnerships, and remove customs and logistical obstacles to increase trade exchange and investments between the two countries, as well as to diversify areas of cooperation. Additionally, the ministry will evaluate the council's performance and support its development to empower the private sector to lead initiatives for enhancing economic relations between Egypt and Korea.
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