CAIRO – Minister of Finance Mohamed Maait said Egypt is open to the world with a more diversified economy and better investment opportunities based on a developed infrastructure capable of embracing targeted economic progress, highlighting the importance of the private sector’s role, along with all incentive measures adopted in promising sectors to help move the production and export wheel forward.
During his participation Thursday in a meeting of the Egyptian-Japanese Business Council, the minister said the State is committed to the stability of the customs and tariffs policies for the upcoming five years, despite daunting global challenges which are adding pressures on the State’s budget, thus necessitating directing massive financial resources for the purpose of safeguarding national food security.
Chairman of the Egyptian-Japanese Business Council Ibrahim el-Araby, Chairman of Japan External Trade Organisation (JETR) Nobuhiko Sasaki and Japanese Ambassador in Cairo Oka Hiroshi took part in the meeting.
