Cairo: The House of Representatives: approved during its plenary session on Monday, May 26, 2025, under Speaker Hanafy Gebaly Presidential Decree No. 115 of Year 2025 concerning a free trade agreement between Egypt and Serbia.
According to State Information Service Egypt, a report from the joint committee of the House's Economic Affairs Committee and the offices of the Planning and Budget and Foreign Relations Committees, stated that the agreement is part of the two countries' efforts to strengthen trade exchange and industrial and investment ties. It also aims to enhance and develop economic and trade relations, opening up broader horizons for cooperation.
The agreement seeks to double the volume of trade exchange between Egypt and Serbia over the next five years compared to the current value of 89 million US dollars.