Egypt, Uganda launch Business Council to boost investment

Egypt, Uganda launch Business Council to boost investment

Minister of Foreign Affairs Badr Abdel Atty announced the launching of a Business Council between Egypt and Uganda to boost investment during a press conference in Cairo with his Ugandan counterpart Henry Oryem Okello.

During the presser, the Egyptian FM affirmed the state's keenness to elevate its relations with Uganda into a strategic partnership, highlighting Cairo's efforts to develop economic ties with the Southern Basin countries.

For his part, the Ugandan FM affirmed the historical ties between both nations and his country's aspiration to raise economic cooperation with Egypt.

Both ministers also stressed the need to continue combating terrorism by adopting a comprehensive strategy that tackles the security, developmental, and intellectual aspects of terrorism.

In this regard, Abdel Atty stressed Egypt's unwavering solidarity with Uganda in combating terrorism and eradicating organized crime that threatens the African societies’ safety and security.

They also highlighted the support of Al-Azhar, the highest institution of Sunni Islam, in training imams in Uganda.

For his part, the Ugandan FM expressed gratitude to Egypt for its tireless efforts in providing his country with the necessary support.

He also appreciated the opportunities Egypt provides and the scholarships it offers to Ugandan students.

Source: Al-Ahram Online​

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