Translated using ChatGPT service.
Today, April 17, the Minister of Economics, Viktors Valainis, met with Latvia's Ambassador to Egypt, Andris Razāns, to discuss opportunities for expanding economic cooperation between Latvia and Egypt. They also discussed the potential organization of a visit to Latvia by Egypt’s Minister of Information and Communication Technology (ICT) and a delegation of business representatives this summer.
The ambassador briefed the Minister of Economics on the current political and economic situation in Egypt and the region, as well as on Latvia's ongoing cooperation with Egypt, which is quite active in the ICT sector. Several Latvian ICT companies are exporting their services to Egypt and have earned a good reputation in the country. Therefore, the ICT business and education in this field present particularly good prospects for Latvian entrepreneurs and universities to expand cooperation with Egypt. A significant step towards this would be the visit of Egypt’s ICT Minister and a delegation of business representatives to Latvia.
The Minister of Economics appreciated the idea of the visit by the Egyptian ICT Minister and business delegation and committed to working together with the Investment and Development Agency of Latvia to organize it this summer, ensuring visits to interested Latvian companies. "With its market of 100 million inhabitants, excellent maritime connections, and central role in the region, Egypt is a very promising new direction for Latvian businesses and exports, and I am ready to make every effort to open this market," stated V. Valainis.