Turkish firms eyeing opportunities in Egypt

Earlier this week, Türkiye and Egypt jointly announced their decision to increase diplomatic representation to the level of ambassadors after 10 years of tension, in a move to accomplish the ongoing normalization process and restore the bilateral ties.

A joint statement by the Turkish and Egyptian foreign ministries declared on July 4 that the two countries will exchange ambassadors.

A delegation of Turkish businesspeople recently traveled to Egypt to hold talks.

The visit was coordinated by the Turkish Exporters’ Assembly (TİM), said Gökhan Turhan from the Istanbul Ferrous and Non-Ferrous Metals Exporters’ Association (İDDMİB).

“The problems we had faced in the Egyptian market in the past years were already easing. We long had problems even obtaining a visa. We did not have such trouble during the visit we paid to Egypt before the Eid al-Adha holiday,” Turhan said.