The two countries also mull cooperation in blue economy.
To achieve that goal, the ministry works on attracting more investors to Egypt's maritime transport market.
The Egyptian Ministry of Transport announced Sunday the start of the activities of the “Trans MEA 2021” smart transport exhibition and conference, tomorrow morning, Monday.
He added that the passenger transport will start between Egypt, Jordan, and Iraq soon, within the framework of the integration and tripartite partnership among the three countries.
The MoU stipulates a strategic partnership contract between the two sides in the field of maritime transport through the establishment of a joint subsidiary company that facilitates international trade, export and import operations of goods.
The COVID-19 outbreak has caused a slowdown in consumption, and subsequently, international trade disrupting maritime transportation.
Egypt’s Abdel Fattah el Sisi directed, Wednesday, developing the maritime transport sector to achieve the maximum economic and trade return for Egypt.
The first decree is to establish a representative office of IsDB in Egypt and the second is further cooperation with Tunisia in the maritime transport sector.
Egypt won the category C membership of the International Maritime Organization (IMO) Council, for the years 2018-2019, with 133 of 158 votes.
Arafat on Monday discussed with Canadian Ambassador to Egypt Jess Dutton cooperation in the fields of railways, maritime transport and subways.
Adnan Al Khodair said on Thursday that the Arab Academy for Science, Technology and Maritime Transport is a distinguished academic institution.