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Egypt/United Kingdom cooperation: signing of an agreement

07/05/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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A Memorandum of Understanding (MoU) was signed on Thursday between the Egyptian General Authority for Free Zones and Investments (FATF) and UK Export Finance (GAFI) and UK Export Finance. This was in order to promote trade and investment relationships between Egypt and the United Kingdom.

UK Export Finance will fund several development projects, in coordination with GAFI in accordance with the terms of the agreement. This signing is in line with the aim of increasing investment flows and deepening trade cooperation between Egypt and the United Kingdom. The two parties also agreed to exchange information to define businesses eligible for financing.

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