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Planning Minister reviews cooperation with Islamic Corporation
Egyptian Minister of Planning and Economic Development, Dr. Ahmed Rustom, participated in the 81st meetings of the World Bank Group and the International Monetary Fund in Bangkok. During the event, he met with the President of the Islamic Trade Finance Corporation (ITFC) to discuss enhancing joint cooperation with Egypt. Rustom emphasized the importance of the partnership that has been ongoing since 2008, amounting to approximately $26.4 billion, aimed at supporting food security, energy sectors, trade development, and the Trade Facilitation Assistance Initiative, which Egypt benefited from through agreements valued at $1.5 billion this year. He also underscored the corporation's commitment to supporting energy and food security, noting Egypt’s continued collaboration with the Arab-African program "Bridging Borders" and projects such as "SheTrades" and "STEP2." An additional meeting is anticipated during the CEO's upcoming visit to Egypt in November.
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