Cape Town - South Africa and Egypt will fast track trade and investment between the two countries, President Jacob Zuma’s office said on Friday.
Zuma returned to South Africa on Friday morning after a working visit to Egypt where he met with Egyptian President Abdel Fattah Al-Sisi.
The two men agreed that they would strengthen bilateral relations between the two countries.
“We also discussed and agreed to accelerate trade and investment by urging our respective business sectors to utilise the many opportunities that our countries have to offer. In addition, the formation of the Tripartite Free Trade Agreement and the development of the North-South Corridor will boost regional economic integration,” Zuma said in a statement.
“We also agreed on the need to partner on infrastructure development, linked to the ongoing NEPAD-related projects.”
The two Presidents also discussed peace and security in the Middle East and North Africa.
“We agreed that it is now urgent to find, through peaceful means and dialogue, a political solution to the crises confronting countries in conflict situations. In this regard, regional organisations such as the African Union and the Arab League have an important role to play in that process,” Zuma said.
African News Agency