Egypt, Palestine officials discuss strengthening economy, trade relations

CAIRO – 3 November 2022:  Palestinian Minister of National Economy Khaled Essaili discussed with the Egyptian Ambassador to Palestine Ihab Suliman, mechanisms for strengthening economic and trade relations between the two countries.

The two sides stressed the depth of the strong “brotherly relations” and the true partnership that unites the two countries, stressing the need to overcome all obstacles that hinder the work of the Palestinian and Egyptian private sectors, in a way that benefits the economies of both countries.

The Palestinian Minister of National Economy briefed the Egyptian ambassador on the efforts led by the ministry to develop and improve the business environment, and reform the legislative environment regulating the national economy, such as approving the new companies’ law that allows electronic registration and encourages foreign companies to invest in Palestine, referring to the package of laws that are currently being prepared, such as the investment law and the law Debt settlement.