Cairo: Minister of Investment and Foreign Trade Mohamed Farid affirmed Egypt's commitment to providing an attractive business environment for South Korean investments to boost exports and expand regional and global market access.According to State Information Service Egypt, the minister was speaking during a meeting with South Korean Ambassador in Cairo Kim Wan-joong, to discuss ways to promote bilateral investments, follow up progress on the Comprehensive Economic Partnership Agreement (CEPA), and review updated rules for the Pan-Euro-Mediterranean (PEM) Convention on Rules of Origin.Farid stated that the ministry is regularly monitoring operational challenges faced by South Korean firms in coordination with relevant government bodies. He highlighted recent success in resolving procedural issues to support company expansions.Meanwhile, the South Korean diplomat noted that Korean companies operating in Egypt generate over $1.5 billion in annual production, exporting nearly 80% to 47 countries across Afr ica and the Middle East. These operations support foreign currency reserves, create over 6,000 direct jobs, and facilitate technology transfer. The ambassador acknowledged positive developments in Egypt's business climate and the government's support for foreign investors.He expressed optimism that the implementation of the CEPA will unlock significant new trade and investment opportunities for both countries.