Egypt and Armenia signed a cooperation protocol on Tuesday to expand bilateral ties across trade, investment, industry, and energy, marking a new phase in economic relations between the two nations. The protocol establishes a framework for increasing bilateral trade, leveraging competitive advantages, and encouraging private-sector alliances. It specifically invites Armenian investment into the Suez Canal Economic Zone, with a focus on logistics and manufacturing, while targeting further cooperation in pharmaceuticals, textiles, renewable energy, and information technology. Minister Papoyan stated that the Joint Committee plays a “pivotal role in organising and developing economic relations,” providing an institutional framework to coordinate entities and monitor progress. During the session, Papoyan extended an invitation to Al-Mashat to attend an investment summit scheduled to be held in Armenia in May 2026.

Source: Daily News Egypt December 23, 2025 16:48 UTC