Egypt + Thailand launch JTC: Egypt’s Investment and Foreign Trade Ministry has inked an MoU with Thailand’s Commerce Ministry to establish the Thailand-Egypt Joint Trade Committee (JTC) as well as an economic cooperation plan, Egypt’s State Information Service reported on Thursday. The first meeting of the JTC is scheduled for 1H of 2025.
The details: The cooperation aims to attract foreign investments while focusing on sectors such as tourism, agriculture, industry, and support for SMEs, according to the SIS. The MoU aims to remove trade barriers and diversify Thai investments, imports, and exports with the Middle East and Africa.
IN OTHER DIPLO NEWS- Bahrain + South Korea expand bilateral trade cooperation: Bahrain’s Finance and National Economy Ministry has inked an investment promotion and protection agreement with South Korea to enhance their bilateral cooperation, trade opportunities, and economic and investment ties, BNA reported on Thursday.