Germany deeply appreciates Egypt’s role in achieving stability in the Middle East and the African continent, said Egyptian ambassador in Berlin Badr Abdel Aati.
Germany also extolled Egypt’s role in fighting terrorism and illegal immigration and finding political solutions to regional crises, amb. Abdel Aati added.
In statements to MENA on the sidelines of his participation in a conference of ambassadors accredited to Germany, Abdel Aati asserted the development of Egyptian-German relations in the various domains, including the political, economic, investment, scientific and technological spheres.
As for the investment file, the Egyptian diplomat said there are intensive contacts with the German companies to post them on measures taken by the Egyptian government to create a climate conducive for investors, citing the new Investment Law, Industrial Licensing Law and Bankruptcy Law.
The three legislations provide a safe and stable investment environment for the German investors in particular and foreign investors in general, he said, adding that Egypt attaches importance to Germany’s “Mittelstand” (small and medium-sized enterprises (SMEs) in Germany), which acquire more than 80% of the German economy.
He further disclosed that the Egyptian side will pay a visit to several important German states, including Thuringia State, for talks with the State’s prime minister and the chamber of commerce on beefing up joint investments.
In September, Abdel Aati said that he will visit North Rhine-Westphalia, the most populous state of Germany, with a population of about 18 million, and the fourth-largest by area.
As for Egypt’s presence in the German media, he said the German media is positively talking about Egypt’s political, economic, social and security achievements over the past four years.
He also cited his interview with a German magazine, which is issued by the German Association for Small and Medium-sized Businesses (BVMW) that includes more than 6,000 firms, with nearly 10 million employees, on Egypt’s achievements.
Egypt Business Directory was published in German and distributed to all German companies, he said, adding that the guide gives details on the investment climate and stages of developing all sectors in Egypt.
As for the tourism sector, Abdel Aati said that a press conference will be held this week at the Egyptian embassy in Berlin HQ to reply to all questions related to the tourism sector in Egypt.
The conference is organized by the German Federal Foreign Office.