Mabdouli praises economic relations with Deutsche Bundesbank’s member

CAIRO - 1 February 2020: Prime Minister Mustafa Madbouli praised economic and trade relations between Egypt and Germany, which reflect strong political relations between both leaders of the two countries.

Madbouli’s remarks came during his meeting with a member of Central bank of the Federal Republic of Germany (Deutsche Bundesbank), Borkahad Baltes in the presence of Deputy Central Bank and the German Ambassador to Egypt.

Madbouli also expressed Egypt’s appreciation for the advanced cooperation between Central Bank of Egypt and Deutsche Bundesbank especially that it contributed in the first and second programs for the reform and development of the Central Bank in the period from 2004 to 2012.

At the end of the meeting, Madbouli affirmed that the Egyptian government is looking forward to strengthening cooperation with the German side in several fields such as technical education and vocational training because they are among the priorities of the education development agenda in Egypt.

For his side, Baltes expressed his happiness by visiting Egypt, indicated that he chose Egypt as the first country to visit after assuming office.

He also congratulated the Egyptian government and the Central Bank on the distinguished reform program to develop the banking sector.