Ministry Tasks
Prime Minister's Decree No. 2678 of 2024 was issued regarding the organization of the Ministry of Investment and Foreign Trade, which works to encourage investment and develop foreign trade in the Arab Republic of Egypt by carrying out the following tasks:
Strategic Planning for Investment and Foreign Trade:
Formulating public policies, setting objectives, monitoring the implementation of strategic plans, managing their projects, and evaluating their results in the fields of investment and foreign trade development, in order to ensure the achievement of economic and social development within the framework of preparing and implementing factors that lead to improving the trade balance and the balance of payments.
Creating a Favorable Investment Environment and Attracting Export-Oriented Investments:
Creating a suitable investment climate, removing obstacles, and modernizing and developing work systems to simplify and facilitate all transactions; attracting global investments; encouraging the local and foreign private sector to finance development and economic projects, especially those geared towards exports and the services needed by exporters; and encouraging national investments by establishing an investment culture, preparing and promoting investment and savings awareness programs, and training personnel and skills required to develop foreign trade and increase the competitiveness of economic activities.
Developing and Regulating Foreign Trade:
Preparing and implementing policies aimed at developing Egyptian exports and increasing their share of global exports; organizing and supporting trade relations in the field of foreign trade; regulating imports and developing import institutions through coordination between local production and imports; protecting the Egyptian economy from harmful practices in international trade; and reviewing all measures that would improve foreign trade services. This also includes identifying the infrastructure required for developing foreign trade, establishing and managing specialized institutions for inspection and quality certification, and maintaining databases on global commodity and geographical trade; and issuing indicators related to Egyptian and global foreign trade.
Enhancing Investment and Trade Promotion of Egyptian Products Globally:
Deepening international and regional trade and investment partnerships, protecting its commercial interests with various countries, and representing it in all trade agreement negotiations of all kinds.