A high delegation from Somaliland Government led by Minister of Trade and Investment Mr. Omar Shucayab accompanied with the Chairman of Somaliland Chamber of Commerce and other high ranking Officials paid high level visit to Egypt by receiving an official invitation.
The Egyptian Minister of Trade and Industry warmly received the delegation at Cairo International Airport. During their stay, Somaliland delegation had met with different distinguished Officials of the Egyptian government. The delegation also met with the Federation of Egyptian industries. During their meeting, the two side discussed commercial and investment opportunity of the two countries.
In additional to that, the Chairman of Somaliland Chamber of Commerce stressed the Egyptian Officials that 30% of the pharmaceutical needs import from Egypt and the Chairman also pointed out that there is a wide investment opportunity in many sectors especially the sector of livestock.
Finally, the Minister of Trade and Investment hope that the trip to Egypt would improve the bilateral trade relationship between the two countries.
The one day event of Somaliland/German Business Forum has concluded successfully in Berlin, Germany on 10th November, 2016. The objective of this high ranking conference was to bring together German investors, participants of Somaliland Government officials, Entrepreneurs and the chamber of commerce working toward the essential networking platform to create a new environment of business cooperation and enhance trade and investment opportunities between the two countries.
About 27 high profiles International Companies had been attended this forum. At the same time, the parties have got an ample opportunity of B2B matchmaking to showcase their businesses and offer investors’ opportunity to get to know each other.
During the forum key sectors focused on Somaliland/German cooperation in the fields of Energy, Agriculture, Livestock, Fisheries, ICT, Tourism and Minerals resources.