The agreement, signed between the International Creative Academy (ICA) of Egypt and the Foundation of the Hellenic World, seeks to support joint production of competitive handicraft products. Abdel Aziz El-Sherif, First Undersecretary of the Ministry and Head of the Egyptian Commercial Service (ECS), stated the partnership aligns with efforts to support Egypt’s non-traditional exports and create sustainable job opportunities for youth in the creative economy.
The MoU was signed by Hany Barakat, President of the ICA, and Sophia Kounenaki-Efraimoglou, Executive Vice President of the Foundation of the Hellenic World. The partnership was concluded under the supervision of Commercial Counsellor Marwa Abu El-Sadat, Head of the Egyptian ECS in Athens, as part of broader efforts to enhance economic and trade relations between the two nations.
“The MoU represents an important step toward strengthening Egyptian-Greek economic cooperation in the high value-added creative and handicraft sectors,” El-Sherif said.