Egypt, Iraq business groups discuss expanding trade, industrial cooperation

Daily News Egypt

The Egyptian Commercial Service (ECS) office in Baghdad held talks with the Federation of Iraqi Businessmen on September 7, 2026, to explore ways to strengthen trade, investment, and industrial cooperation between Egypt and Iraq.

The meeting was held under the directives of Mohamed Farid Saleh, Minister of Investment and Foreign Trade, and was attended by Samir Qorshi, Commercial Counsellor and Head of the ECS in Baghdad, and Ragheb Reda Blibel, President of the Federation of Iraqi Businessmen, along with members of the federation’s board.

The two sides discussed opportunities to increase trade and diversify exchanged commodities, encourage partnerships between Egyptian and Iraqi companies, and enhance industrial cooperation and technical knowledge transfer. These efforts are expected to support product development, increase added value, and improve competitiveness.

They also agreed to intensify exchanges of business visits and trade delegations, increase companies’ participation in commercial and industrial exhibitions held in both countries, and facilitate the movement of business communities. This includes working to ease procedures related to entry permits and visas to support direct business and investment meetings.

Qorshi invited the federation’s president and members to visit the Home Furnishings Exhibition scheduled to take place in Cairo in October, Destination Africa in November, and the Egyptian pavilion at Iraq Health Expo in October. The ECS also agreed to provide the federation with schedules of trade and investment exhibitions and events held in Egypt.

Abdel Aziz El-Sherif, First Undersecretary at the Ministry of Investment and Foreign Trade and Head of the ECS, said the move was part of efforts to strengthen Egypt’s presence in priority Arab markets and directly connect Egyptian companies with business organisations, importers, and investors in Iraq.

El-Sherif described the Iraqi market as an important opportunity for Egyptian companies across several sectors. He added that the Commercial Representation Service, through its office in Baghdad, was monitoring trade and investment opportunities and presenting them to Egyptian companies to support the growth and diversification of exports.

He also highlighted the importance of cooperation with the Federation of Iraqi Businessmen as a direct channel of communication with Iraq’s business community.

 

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