SCZONE Chairman receives the delegation of the European Commission and the EU Ambassador to discuss cooperation

Mr. Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), received a European Commission delegation headed by the Director General for the Taxation and Customs Union DG TAXUD, Mr. Thomas Gerassimos Accompanied by Ambassador Christian Berger, Ambassador of the European Union in Cairo. Under the coordination and presence of Ambassador Omar Abu Eish, Assistant Foreign Minister for European Partnership Affairs, and Dr. Nermine Aboul Atta, Advisor to the Minister of Trade and Industry and National Coordinator for Euro-Mediterranean Industrial Cooperation.  The meeting came to discuss prospects for cooperation, especially concerning both the projects planned and established within SCZONE in various sectors, most notably green fuels, fertilizers, cement, iron, and steel under the EU Border Carbon Tax Amendment Mechanism (CBAM). This entails the need for concerted efforts and unification of visions to support the green transformation in the industry and to promote Egyptian exports to the European Union countries following the new environmental requirements. The meeting also dealt with the steps SCZONE follows to localize the green fuel industry and its feeding industries, especially in light of the success of the export of the first shipment of green ammonia abroad produced inside the first green fuel plant in the economic zone.