Addressing the inauguration of the second forum of the Egyptian-Portuguese business council, Shoukry noted that Egypt and Portugal's governments work on providing a suitable investment and economic climate to attract the business community.

He expounded that improving the legislative structure related to promoting trade, investment, and growth is an essential factor contributing to fostering relations between Egypt and Portugal.

He noted that Egypt's economic reform strategy resulted in achieving positive economic growth that reached 4.5 percentage.

Within the framework of encouraging investment, he affirmed that the Egyptian government carried out a number of legislative amendments to facilitate investment procedures and guarantees.

The foreign minister called on Portuguese companies and people to invest in Egypt in its various fields of production and services.

Shoukry expressed hope that the Egyptian-Portuguese business council forum would lead to concrete results contributing to fostering trade and investment cooperation.

Source : Mena