Egypt, EU Partnership in 4 Years

Updated 7/4/2024 6:46:00 AM
Egypt, EU Partnership in 4 Years

In the past four years, Egypt and the European Union (EU) have forged a partnership, marked by substantial financial support totaling $12.8 billion, as per data from the Ministry of International Cooperation. 

This funding has been allocated with $7.3 billion to the government and $5.5 billion to the private sector. 

In June, Egypt signed a total of 29 agreements and memoranda of understanding (MoUs) worth €49 billion with the companies affiliated with the EU during the Egypt-EU Investment Conference. 

Trade exchange between Egypt and the EU was valued at around €32.6 billion in 2023. 

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