Industry Minister Khaled Hashem concluded on Sunday, June 7, 2026, his participation in the 35th Annual Meeting and Business Forum of the European Bank for Reconstruction and Development in Riga, Latvia, with a series of meetings with EBRD officials, government representatives and investment leaders aimed at strengthening industrial and investment cooperation.
The minister began his engagements with a meeting with the EBRD Board of Directors, where discussions focused on cooperation in priority sectors including energy, water, vocational training and support for small and medium-sized enterprises, in line with Egypt’s efforts to promote sustainable industrial development, enhance human capital and expand financing for productive projects.
Hashem also met with Osman Celik, Deputy Minister of Treasury and Finance, to discuss increasing Turkish investments in Egypt, particularly export-oriented projects, as well as boosting bilateral trade and advancing joint production models. The minister stressed the importance of identifying priority products that could incorporate Egyptian and Turkish production inputs to create competitive exports targeting regional and global markets.
He highlighted textiles, ready-made garments, engineering industries, automotive components, home appliances, chemicals, fertilizers and renewable energy components as promising areas for cooperation. As part of efforts to strengthen ties with Africa, Hashem held talks with Aminu Umar Sadiq.
The two sides discussed ways to deepen investment cooperation and capitalize on the strong bilateral relationship to advance industrial integration and establish joint projects serving mutual interests. The minister noted that Nigeria could benefit from Egypt’s manufacturing capabilities and accumulated industrial expertise across various sectors, helping facilitate access to Arab and African markets.
He also emphasized the importance of establishing a trade corridor between Egypt and Nigeria within the framework of the African Continental Free Trade Area, while encouraging cooperation between chambers of commerce and banks in both countries to facilitate trade financing and reduce associated risks.
Hashem concluded his meetings with talks with Director of Treasury and Foreign Finance at the Moroccan Ministry of Economy and Finance Mohamed Tarek Beshir. Discussions focused on opportunities to enhance industrial cooperation, develop financing mechanisms and support mutual investments.
The meeting reviewed promising sectors for strategic partnerships, including automotive manufacturing and components, food industries and textiles, while also exploring ways to activate existing trade agreements to facilitate intra-regional trade and improve access to African and global markets.
Hashem reaffirmed Egypt’s commitment to elevating relations with Morocco to the level of a comprehensive strategic partnership that reflects the deep historical ties between the two countries and supports shared economic and industrial development goals. Egypt advises citizens to postpone travel to Ebola-hit regions amid global alert