The 18th session of the Saudi-Egyptian Joint Committee concluded in Riyadh on Monday.
The meeting was chaired by Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, Dr. Majid bin Abdullah Al-Qasabi, and Egyptian Minister of Industry and Trade Ahmed Samir.
Al-Qasabi stressed Saudi Arabia's keenness to strengthen trade relations with Egypt through the exchange of visits between the private sectors, holding trade exhibitions to promote opportunities and increase the Kingdom's exports to Egypt.
Trade volume between Riyadh and Cairo reached around $11.8 billion until November 2023, with metal products, plastics, and their derivatives being the most prominent commodities exported to Egypt. Metal products and fruits were recorded as the most notable imported commodities.
The 18th session of the Saudi-Egyptian Joint Committee aligns with the strategic approaches of the two countries that aim to address challenges through periodic meetings with concerned parties. These meetings follow up on the implementation of recommendations and oversee the committee's work.
