Cairo: EgyPulse – News Desk
The Cabinet on Tuesday approved the Egypt’s accession to the Investment Facilitation for Development Agreement (IFDA) under the World Trade Organization (WTO), in a move aimed at enhancing the investment climate and drawing more foreign capital.
The decision was made during a Cabinet meeting chaired by Prime Minister Moustafa Madbouli. Minister of Investment and Foreign Trade Hassan al-Khatib said the agreement provides a unified global framework to make investment environments more transparent and efficient, encouraging greater investment flows among WTO member states.
