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French economists said economic reforms that Egypt has implemented over the past seven years strengthened the investment-friendly environment.
13.11.21 | Interesting article at Ahram Online

Besides Egypt’s distinguished geographic location, increasing expenditure on infrastructure projects and improvement of its credit rating will help push up the volume of the French investments in it in the coming years, they added.


In statements to MENA on Thursday, the French economists said exchanging visits between senior officials and heads of the major companies in both countries aims to boost the volume of bilateral investments and trade exchange.


They expected the volume of trade exchange between the two countries to pick up this year and the coming one as growth indices are improving in both of them and the coronavirus impacts on the international economy are fading.


Françoise Courtin, a French banking expert said economic and trade relations between Egypt and France depend on the mutual benefit principle as France represents a suitable gateway for Egypt's exports to the EU countries while Egypt is a proper gateway for France’s exports to the African continent.


Private sector in both countries will play a key role in fostering economic, trade and investment relations in the coming stage, he added.