BAKU – Egypt looks forward to increasing investment and trade exchange with Azerbaijan, Egyptian Prime Minister Moustafa Madbouli said Tuesday.
The prime minister, who arrived in Baku, Azerbaijan, Monday to attend the 29th international climate summit (COP29) on behalf of President Abdel Fattah El Sisi, said that the Egyptian government also seeks to activate joint co-operation in many domains topped by energy, transport and the pharmaceutical industry through the exchange of visits between businessmen to explore economic, trade and investment areas.
The prime minister’s statements came during a meeting with his Azeri counterpart Ali Asadov on the sidelines of the COP29.
Madbouli hailed the warm welcome he received in Azerbaijan and the level of cooperation and relations between the two sides.
He pointed out that the Egyptian-Azeri joint committee will convene in Q-1 of 2025 to explore cooperation in the fields agriculture, industry, energy, petroleum and pharmaceuticals.
For his part Asadov welcomed Madbouli, hailing cooperation between the two countries in various domains and welcomed Egypt’s proposal to convene the joint committee meeting.
Azeri Minister of Defense Industries Vugar Valeh oglu Mustafayev and Egyptian Ambassador in Baku Hisham Nagy received Madbouli at Heydar Aliyev International Airport upon his arrival.
Madbouli is accompanied by Environment Minister Yasmine Fouad.
The premier is scheduled to deliver a speech on behalf of Sisi during the event.
