(MENAFN- Daily News Egypt) Hassan El-Khatib, Minister of Investment and Foreign Trade, met with Bahaa El-Ghannam, CEO of the Future of Egypt for Sustainable Development Authority, to discuss frameworks for cooperation aimed at reinforcing supply chains and enhancing the exchange of information on global sourcing for strategic commodities supplied to the Egyptian market. The discussions form part of ongoing efforts to bolster food security and advance sustainable development.

During the meeting, both sides agreed to establish a joint working group to coordinate areas of collaboration and ensure the swift implementation of agreed initiatives.

El-Ghannam invited the Minister to visit the authority's various projects to explore new investment opportunities and encourage greater private sector participation in their execution.

El-Khatib commended the pivotal role played by the Future of Egypt for Sustainable Development Authority through its wide-ranging projects that contribute significantly to the state's sustainable development plans. He emphasised that the Ministry of Investment and Foreign Trade operates along two complementary tracks: the first focuses on fostering an attractive investment climate by drawing in foreign direct investment and supporting domestic investors, while the second centres on boosting foreign trade through expanding Egyptian exports and opening new markets for local products.

The meeting also reviewed the ministry's achievements over the past year across both tracks, which have positively impacted investment inflows and export growth.

For his part, El-Ghannam said that cooperation with the Ministry of Investment and Foreign Trade represents a key step towards strengthening the authority's capacity to reinforce supply chains and secure strategic commodities for the domestic market, thereby contributing to food security and enhancing the competitiveness of Egyptian exports.

He added that the authority's priorities include deepening partnerships with state institutions to ensure integration across development and production efforts. El-Ghannam noted that the authority's projects have become a model for efficient resource management and the maximisation of economic returns from agricultural and industrial lands-supporting the state's strategy to boost exports and achieve self-sufficiency in key commodities.

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