The Alexandria Businessmen's Association, led by Hatem El-Qayar, Deputy Chairman of the Board of Directors, hosted Dag Yulian Denfelt, Ambassador of the Kingdom of Sweden to the Arab Republic of Egypt, and his accompanying delegation on June 15, 2023. The meeting aimed to explore avenues for cooperation between the Egyptian and Swedish business communities. El-Qayar welcomed the Swedish Ambassador and his delegation, emphasizing the importance of this meeting in enhancing partnership opportunities and organizing bilateral business-to-business (B2B) meetings.
El-Qayar highlighted that the association's members represent a diverse range of sectors, supporting commercial cooperation in all fields. He also expressed the association's interest in establishing projects that contribute to providing sustainable resources, including the VTEC and MEDC projects. Furthermore, he emphasized the significance of trade cooperation between Egypt and Sweden, stressing the need to consider new projects' climate change challenges.
Ambassador Denfelt noted that there are efforts to encourage Swedish companies to establish a presence in Alexandria. He called for enhanced cooperation in several areas, including water, innovation, artificial intelligence, energy, and logistics. The Swedish Ambassador expressed his interest in holding joint meetings, citing his participation in the Techne Summit in Alexandria as an example. He highlighted the summit's importance as an international event focused on entrepreneurship.
The meeting was attended by members of the association's Board of Directors, committee chairs, deputies, and several members. Michael Stoll, Commercial Counselor and Head of Promotion, invited the Alexandria Businessmen's Association to organize bilateral meetings between representatives of the Swedish and Egyptian business sectors. This would facilitate communication and open up avenues for cooperation between them.
The discussions focused on exploring opportunities for partnerships and collaborations between Egyptian and Swedish businesses. The Alexandria Businessmen's Association represents a significant sector of the Egyptian economy, with interests in various industries. The association's engagement with the Swedish Ambassador reflects its commitment to fostering international cooperation and promoting economic growth.
Sweden has been actively seeking to strengthen economic ties with Egypt, particularly in areas such as innovation, technology, and sustainable development. The meeting between the Alexandria Businessmen's Association and the Swedish Ambassador demonstrates the potential for mutually beneficial partnerships between the two countries. Egypt and Sweden have a long-standing relationship, with cooperation in various fields, including trade, investment, and culture.
The outcome of the meeting is expected to contribute to the growth of trade and investment between Egypt and Sweden. The Alexandria Businessmen's Association will likely follow up on the discussions to explore potential partnership opportunities. Key areas of cooperation may include technology transfer, joint ventures, and capacity building.
Key points
- The Alexandria Businessmen's Association and the Swedish Ambassador discussed cooperation opportunities in areas such as water, innovation, and logistics.
- The meeting aimed to enhance partnership opportunities and organize bilateral business-to-business (B2B) meetings between Egyptian and Swedish businesses.
- The Swedish Ambassador expressed interest in holding joint meetings and exploring opportunities for partnerships with Egyptian businesses.
