Malawi Government has assured Egypt of its continued support as it rebuilds its economy following the Arab spring.
In an interview with Malawi News Agency (Mana), Industry and Trade Minister Joseph Mwanamvekha, who recently represented President Peter Mutharika at the Egypt Economic Development Conference (EEDC) in Sharm El-Sheikh, said Malawi holds the Arab Republic of Egypt in high esteem.
He said it is in Malawi’s interest that Egypt rebuilds its economy because Malawi will benefit from that growth.
“Malawi stands ready to render its full support to Egypt as it rebuilds its economy and I look forward to a future collaboration in areas of trade and investment between the two countries.
“Malawi has benefited quite immensely from its bilateral relations with Egypt, mainly in the areas of trade, investment, health and capacity building. There is literally no sector in Malawi which has not benefited from the bilateral relations with Egypt,” he said.
The beneficiary sectors include health, agriculture, water and irrigation, fisheries, nursing, tourism, security, information, diplomacy and international relations.
Said Mwanamvekha: “Malawi continues to benefit in these areas despite the many challenges that Egypt faces. We, therefore, believe that we would benefit more with a strong Egyptian economy.”
Meanwhile, The Embassy of Egypt in Lilongwe has expressed its gratitude for Malawi’s participation in the EEDC.
In a statement, Maher El-Adawy, Ambassador of the Arab Republic of Egypt in Malawi, expressed his appreciation for the continuous support of Egypt to the people of Malawi since independence in trade, investment and in all fields of development.
“The Embassy takes this opportunity to thank President Professor Arthur Peter Mutharika for sending the minister to represent him at this important conference and for fostering good and strong bilateral relations between Malawi and Egypt.
“The participation of Malawi in EEDC was another fruitful step in the everlasting solid partnership between the two countries,” he said.
During the conference, Malawi had an opportunity to inform and invite all investors interested in Africa to participate in the Malawi Investment Forum, to take place soon.