Africazine:
Egypt is actively pursuing enhanced economic cooperation with Belarus to boost local manufacturing and industrial investment.
During a meeting on April 26, 2026, Minister of Investment and Foreign Trade Mohamed Farid Saleh and Belarus Ambassador Yevgeny Sobolevsky discussed various initiatives. They focused on expanding local manufacturing, attracting industrial investments, and increasing Belarusian exports to Egypt, particularly in dairy and baby food sectors.
Egypt and Belarus Strengthen Economic Ties
The discussions between Saleh and Sobolevsky centered on enhancing economic cooperation through industrial projects. Egypt aims to expand its local manufacturing capabilities while ensuring that investments bring higher added value. The focus is also on technology transfer and maintaining strict food safety standards.
Both parties explored opportunities in manufacturing and assembling heavy equipment, including tractors, trucks, and buses. Current production lines in Egypt already achieve local content levels of up to 45%, indicating a strong foundation for further collaboration.
Egypt: Key figures on industrial cooperation
- Local content levels of up to 45%
- Joint business forum scheduled in Minsk on May 7
Future Steps for Joint Industrial Projects
- Resume joint industrial cooperation meetings
- Prepare for the next session of the joint committee
- Strengthen business ties between Egypt and Belarus
Egypt is committed to enhancing its industrial landscape through strategic partnerships.
