Serrari Group

In a strategic effort to enhance economic ties, a high-level Egyptian trade delegation, organized by the Egyptian Business Council for International Cooperation (EBCCI), recently visited Uzbekistan from June 3rd to 6th. The delegation included members of parliament, senators, and prominent business leaders from major Egyptian companies across various sectors.

Moataz Raslan, Chairperson of the EBCCI, highlighted the mission’s objective to explore collaborative opportunities in industry, agriculture, tourism, health, and higher education. “We aim to capitalize on the opportunities in both countries, open new markets for Egyptian products, and benefit from Uzbekistan’s industrial expertise,” Raslan stated.

This mission follows a series of high-level exchanges between the two nations, underscoring a commitment to strengthening bilateral relations. Despite a trade volume of $50 million in 2022, Raslan noted significant potential for growth.

During their visit, the Egyptian delegation met with Uzbek officials from several key ministries, including higher education, tourism, health, agriculture, transportation, electricity and energy, and investment. They also engaged with representatives from the Chamber of Commerce and Industry, the National Bank of Uzbekistan, the House of Representatives, the Prime Minister’s Office, and the Samarkand government to discuss mutual investment opportunities and potential areas for cooperation.

“The visit highlighted significant opportunities for cooperation in health, tourism, and higher education through student exchanges,” Raslan explained. “Additionally, there are prospects for agricultural collaboration, particularly in importing grains from Uzbekistan, as well as in the leather and gold mining industries.”

A key event of the mission was the Uzbek-Egyptian Business Forum, organized by the Chamber of Commerce and Industry. The forum facilitated meetings between Egyptian and Uzbek businesses, fostering potential partnerships. Raslan also encouraged Uzbek investors to explore the investment landscape in Egypt, particularly the ongoing mega projects.

In addition to official meetings, the delegation visited the historic city of Samarkand, emphasizing the importance of cultural understanding alongside business discussions.

Raslan expressed optimism about the mission’s outcomes, stating that it has paved the way for future deals, joint investments, and stronger trade relations between Egypt and Uzbekistan. This mission marks a crucial step towards realizing the untapped potential of their economic partnership.

Photo source: Google

By: Montel Kamau

Serrari Financial Analyst

24th June, 2024

Share this article:
Article and News Disclaimer

The information provided on is for general informational purposes only. While we strive to keep the information up to date and accurate, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information on the website is provided on an "as-is" basis, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

In no event will be liable to you or anyone else for any decision made or action taken in reliance on the information provided on the website or for any consequential, special, or similar damages, even if advised of the possibility of such damages.

The articles, news, and information presented on reflect the opinions of the respective authors and contributors and do not necessarily represent the views of the website or its management. Any views or opinions expressed are solely those of the individual authors and do not represent the website's views or opinions as a whole.

The content on may include links to external websites, which are provided for convenience and informational purposes only. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Please note that laws, regulations, and information can change rapidly, and we advise you to conduct further research and seek professional advice when necessary.

By using, you agree to this disclaimer and its terms. If you do not agree with this disclaimer, please do not use the website., reserves the right to update, modify, or remove any part of this disclaimer without prior notice. It is your responsibility to review this disclaimer periodically for changes.

Serrari Group 2023