The European Union and Egypt conclude the 10th Egypt-EU Economic Dialogue under the Auspices of the Ministry of Finance

20-09-2019
EU Egypt
EU Egypt
Copyright: ©European Union

The European Union (EU) and the Ministry of Finance (MoF) have concluded the 10th EU-Egypt Economic Dialogue, that took place over the course of two days, September 17th and 18th, discussing the developments of the economic situation in Egypt and the fiscal and monetary policies targeting economic growth, monetary stability, and social justice mechanisms.

The EU-Egypt Economic Dialogue falls within the framework of the Egyptian-European partnership, which aims to deepen cooperation and enhance mutual relations in various fields. This will help achieve sustainable development, improve social solidarity and economic integration, and scale up European investments in Egypt based on the diversity and favorable investment potential of the Egyptian economy. Recent reports by international credit rating agencies and major international institutions have highlighted the tangible economic progress achieved in this regard over the past period.

The 10th meeting of the EU-Egypt Economic Dialogue is a continuation of the 9th meeting held in Brussels in July 2018, which discussed multiple economic issues, as well as topics related to electric power and stimulating the growth of renewable energy. The 9th meeting introduced participants to the expertise of the EU in developing energy security strategies, including power grid governance and energy diversification. These experiences were later utilized by Egypt.

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