Egypt’s Minister of Industry Khaled Hashem held talks with South Africa’s Minister of Trade, Industry and Competition Parks Tau to strengthen economic cooperation.
Discussions focused on cooperation in pharmaceuticals, medical supplies, automotive manufacturing and logistics infrastructure.
Hashem stressed the strong ties between the countries and noted Egypt’s efforts to attract automotive component manufacturers under a programme targeting 100,000 units annually by 2030.
The ministers proposed an Egyptian-South African Business Council and a joint committee to monitor initiatives, while highlighting the need to finalise an automotive memorandum of understanding and advance the African Continental Free Trade Area.