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Egyptian Minister of Investment and Foreign Trade Mohamed Farid met with Standard Bank Group Chief Executive Sim Tshabalala in Washington to discuss strengthening trade and investment cooperation and supporting Egyptian exports’ access to African markets. Farid stressed the importance of developing transport links, maritime connectivity and trade finance, and of leveraging African trade agreements to support the expansion of Egyptian companies in construction, telecommunications and pharmaceuticals. Tshabalala expressed the group’s interest in expanding its operations in Egypt, noting its presence in 21 African countries and its expertise in trade finance and facilitating partnerships.
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