Egypt, Qatar Seek Further Rapprochement - ednews.net

5 December,

Egypt, Qatar Seek Further Rapprochement

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Egypt and Qatar are intensifying their efforts to further develop their relations at the political and economic levels, within the framework of restoring bilateral ties.
 
Qatar's ambassador to Cairo Salem Mubarak al-Shafi discussed with Egypt's Minister of Trade Nevine Gamea boosting bilateral relations.
 
Shafi addressed the common desire of both countries to start a new phase of bilateral cooperation in various fields and at multiple levels.
 
Last January, Saudi Arabia witnessed the signing of the AlUla Agreement between Riyadh, Cairo, Manama, and Abu Dhabi, resorting ties with Doha after nearly four years of severed relations.
 
The meeting reviewed several economic issues of common interest.
 
The Egyptian minister said that the current period is witnessing intensive efforts to achieve further rapprochement at the political and economic levels.
 
Gamea urged the translation of agreements between the two countries political leadership into concrete projects that serve the two peoples' interests.
 
She also called for building on the "solid" ground laid by President Abdulfattah el-Sisi and Qatari Emir Tamim bin Hamad during their meeting last August to enhance trade exchange rates and develop joint investments.
 
Gamea underscored the significance of establishing new frameworks for cooperation between Cairo and Doha in the commercial, investment, and industrial fields.
 
A statement issued by the ministry said that she called for forming an Egyptian-Qatari trade committee to follow up on all bilateral cooperation projects during the coming phase.
 
The minister stressed the importance of activating joint work between the two countries at the ministerial level to push the bilateral relations between Egypt and Qatar to "unprecedented levels."
 
Gamea extended through the Qatari ambassador an invitation to Qatar's Trade and Industry Minister Mohammad bin Hamad to visit Cairo "to discuss files and themes of joint work between the two countries during the next stage."
 
Several ministers and ambassadors from both countries met over the past few days to discuss relations and mechanisms for enhancing them.
 
Qatari ambassador stressed that both countries share a common desire to start a new phase of bilateral cooperation in various fields, saying, "Egypt represents a strategic depth for the regional countries."
 
Shafi also called for boosting the rates of intra-regional trade and joint investments between Egypt and Qatar "to reflect the great potentials of both countries and to translate the distinguished relations that bind the two brotherly peoples," the statement added.
 
"There is a consensus between the Egyptian and Qatari governments on a substantial number of cooperation files," the Qatari ambassador stressed.
 
 
He also hailed the recent economic reforms and urban development in Egypt.
 
 
He highlighted that Qatar has investments in the Egyptian market, especially in the financial and real estate sectors.

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