Egypt, Switzerland agree on USD 87 mn 2017-2020 cooperation framework: Swiss State Secretary for Economic Affairs Marie-Gabrielle Ineichen-Fleisch and Investment and International Cooperation Minister Sahar Nasr launched yesterday the CHF 86 mn (USD 87 mn) Swiss Cooperation Strategy in Egypt, according to a Swiss embassy statement. “Switzerland funds development projects across Egypt in three domains: democratic processes and human rights, inclusive sustainable economic growth and employment, and migration and protection.”

The Swiss minister also sat down with acting Prime Minister Mostafa Madbouly to talk about potentially increasing Swiss investments in Egypt and boosting bilateral economic cooperation. Ineichen-Fleisch also met with Finance Minister Amr El Garhy to discuss Egypt’s progress on its economic reform program and improving the investment climate.

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