EU investments in Egypt totalling $38.2 billion: minister

The total investments of the European Union in Egypt amount to approximately US$38.2 billion distributed over 6,000 projects, said Egyptian industry minister.

Minister Tarek Qabil further said that the EU is Egypt’s first trade partner.

In 2014, the volume of trade exchange between Egypt and the EU countries stood at €25.4 billion, Qabil added.

Egypt offers significant opportunities for the EU investors, the minister stated.