Free Trade Agreement Opens New Opportunities for Strengthening Serbia–Egypt Cooperation

With the entry into force of the Free Trade Agreement between Serbia and Egypt, significant opportunities have opened up for strengthening trade cooperation and for a stronger presence of Serbian companies in the Egyptian and African markets, it was highlighted at a meeting between the President of the Chamber of Commerce and Industry of Serbia, Marko Čadež, and the Ambassador of Egypt to Serbia, Ahmed Salam Soliman. The meeting focused on advancing economic cooperation between the two countries.

The President of the CCIS assessed that trade exchange had so far been hindered by the absence of a Free Trade Agreement, the implementation of which began on 1st September this year. As he noted, the CCIS plans to open a representative office in Cairo, which will provide operational support to Serbian companies entering the Egyptian market and enable more effective use of the benefits of the Agreement.

“Egypt has the potential to become a regional hub for cooperation with African markets,” Čadež said, adding that, in addition to existing services such as the PKS Chatbot available to companies, the CCIS, in cooperation with the relevant ministries, will prepare a practical guide for companies on how to make use of the advantages of the Free Trade Agreement.

Ambassador Soliman emphasized the importance of improving the visa regime and establishing direct air routes between Belgrade and Cairo, assessing that this would significantly contribute to the growth of trade exchange. “My priority is for the Free Trade Agreement to be fully implemented in practice, and I believe that the volume of trade exchange in the coming period will increase several times over,” Soliman stated. He added that EXPO 2027 will be an additional platform for strengthening economic cooperation between Serbia and Egypt.

Photo: Boban Ristić (CCIS)