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Čadež: Cooperation between Serbia and Egypt will be Marked by Greater Trade and Mutual Investments

Jul 11, 2024

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Marko Čadež, the president of the Chamber of Commerce and Industry of Serbia (CCIS), said today in Cairo, where the Serbia-Egypt Women's Business Forum is being held, that the cooperation between the two countries in the coming years will be marked by greater mutual trade and mutual investments, more Serbian products and companies in Egypt market and Egyptian in Serbian, and most importantly, more joint projects - companies and investments.

At the Forum, which brought together domestic entrepreneurs, businesswomen, and representatives of large companies, and which was attended by the first lady of Serbia, Tamara Vučić, Čadež called on the Serbian and Egyptian women's business community for even stronger cooperation.

"Neither our economies separately nor our joint story will be complete or successful enough if businesses run by successful women are not part of it. There are so many opportunities for Egyptian companies to be present on the European continent through joint ventures and cooperation with Serbian companies and for Serbian companies to be present through Egypt on the entire African continent," said Čadež, speaking at the Forum.

There is something else, he points out, that makes Serbia special when it comes to female entrepreneurship, today's new economy, and the digital world.

"We are one of the first countries in the number of women in leadership positions in new technologies, artificial intelligence, data science, and machine learning, and 40 percent of leadership positions in these fields are occupied by women. This is something we are very proud of," said Čadež.

Čadež pointed out that Serbia is a new European technological and biotechnology hub whose first product is software, while the IT sector is the fastest growing segment of the economy and noted that our country is above the European average in the number of women in science and the leader in the number of women working in artificial intelligence and gaming industry.

Today, the President of the CCIS had a meeting with the President of the Federation of Egyptian Chambers, Ahmed al-Wakil, the Ambassador of Egypt to Serbia, Bassel Saleh, and Dalia al-Havari, the Vice-President of the General Authority for Investment and Free Zones (GAFI) of Egypt, with whom he discussed the possibilities of cooperation on joint projects. and strengthening economic ties between the two countries.

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