One major result: in the coming three years, sector-focused business delegations will be further strengthened, taking specific account of the current economic developments of both countries. The Industrial Modernisation Centre (IMC) continues to be the Egyptian implementing partner, supported by the alumni organisation EGY-AID, which has proved to be a reliable partner for the implementation of the programme.
Dr Dorothea Schütz, Deputy Director-General responsible for the external trade relations to the MENA region at the Federal Ministry for Economic Affairs and Energy, said: “In times of geoeconomic fragmentation and increasing protectionism, the expansion of open and rules-based trade relations is more important than ever before. Partnering in Business with Germany is a key instrument to achieve this objective – it strengthens economic cooperation through partnership.”
The Egyptian side also emphasised the importance of the programme. Emad Abdel Hameed, Deputy Minister at the Egyptian Ministry of Interior, said: “The Partnering in Business with Germany programme serves as a gateway for exchanging expertise and opening direct channels of communication between the business communities of both countries. The programme contributes to enhancing the competitiveness of the national industry, increasing exports, and encouraging both local and foreign investment, with a strong focus on green transformation and digitalisation as fundamental pillars for achieving sustainable development.”