El-Khatib described the Egypt-Switzerland partnership as a distinguished model of bilateral cooperation, citing the diversity and strength of relations across precision industries, pharmaceuticals and heavy industry. In this context, El-Khatib said Egypt is a pivotal partner due to its strategic location and expanding productive capacity. Trade relations between Egypt and Switzerland are gaining tangible momentum, the minister said, noting that bilateral trade exchange reached approximately $2.3bn last year, recording a surplus in Egypt’s favour. In terms of trade facilitation, El-Khatib said Egypt aims to rank among the world’s top 50 countries in trade competitiveness by reducing customs clearance time and costs. He reaffirmed the government’s commitment to removing non-tariff barriers in cooperation with the European Union and international partners, and to opening a new chapter in investment relations.
