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Uzbekistan investment minister urges creating digital platform to boost business ties with Egypt

Only 24 Uzbek companies currently operate in Egypt, primarily in the tourism, telecommunications, IT, and agriculture sectors.

December saw updates to the export program, introducing revised percentages of foreign currency proceeds exporters are required to surrender.

Egypt’s exports to Nile Basin countries reached $1.73 billion in 2023, marking a 2.1% increase from $1.70 billion in 2022.

El-Kilany revealed that similar agreements with other nations are also in progress, beginning with Bahrain and then the UAE.

According to Latifi, 35,883 tons of goods worth $17.18 million were exchanged between the two countries during this period.

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