Trade and Industry Minister Ahmed Samir will lead Egypt’s delegation to the third meeting of the Higher Committee of the Industrial Partnership for Sustainable Economic Development that groups Egypt, the United Arab Emirates, the Hashemite Kingdom of Jordan and Bahrain.

The committee’s meetings will be held on Saturday and Sunday.

Under the partnership, the member states will collaborate to grow their respective industrial sectors by integrating resources and industries and leveraging competitive advantages.

The countries will also work together to reduce costs, enhance supply chains, create job opportunities, contribute to economic development, promote self-sufficiency, and boost industrial competitiveness.

Various agreements will be signed between industrial companies from Egypt, the UAE, Jordan and Bahrain.

The meetings of the Supreme Committee will be preceded by the meetings of the Executive Committee, on Saturday, with the participation of chairmen and members of the committee from the four countries, in addition to representatives of industrial companies from the UAE, Egypt, Jordan, and Bahrain.

The Executive Committee will prepare a report for presentation to the Supreme Committee on the partnership’s latest achievements and proposals to empower the industrial sectors of each partner country.

The integrated industrial partnership for sustainable economic growth was launched in Abu Dhabi in May 2022 between Egypt, the UAE and Jordan, with Bahrain joining during the partnership’s second meeting in Cairo in July.

It aims at achieving the five strategic goals; developing world-class competitive industries, achieving safe and flexible supply chains, stimulating growth based on sustainability, supporting the growth and integration of value chains and promoting value-added manufacturing sectors.

Source: State Information Service Egypt