Egypt seeks to expand trade, investment ties with Central African Republic

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty expressed Egypt’s aspiration to expand trade and investment with the Central African Republic (CAR) during his meeting with Central African Republic Foreign Minister Sylvie Baïpo-Temon on Friday.

He underlined opportunities in energy, transport, construction, and pharmaceutical industries, highlighting the potential contribution to the economic development of both countries.

The meeting was held on the sidelines of the African Union Summit.

Abdelatty congratulated Baïpo-Temon on the re-election of President Faustin-Archange Touadéra, praising the country’s successful electoral process and President Touadéra’s efforts to restore security and stability, including programs to disarm rebel groups and strengthen state authority.

He underscored Egypt’s significant and active role in the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA), noting that Egyptian forces play a key role in maintaining peace and security.

He also welcomed plans to deepen bilateral cooperation in priority sectors for both countries.