U.S. Healthcare Companies Bring Technology and Innovation to Egypt – Trade Mission Concludes Three-Day Visit

Cairo – A delegation of U.S. healthcare companies concluded three days of meetings in Cairo, where they met with dozens of potential Egyptian partners to bring state-of-the-art U.S. medical technology to Egypt. The six companies, led by the U.S. Department of Commerce, met with businesses, the Minister of Trade and Industry, and officials in the Ministry of Health to better understand opportunities for trade and investment in Egypt.

“We have had many very positive conversations on this visit,” said Ken Hyatt, Deputy Under Secretary in the U.S. Department of Commerce. “The U.S. companies with me on this trip understand the potential of the Egyptian market, and I expect that our visit will lead to new business and investment opportunities between the U.S. and Egypt.”

Between May 16 and 18, representatives from the six U.S. companies on this mission held over fifty one-on-one meetings with Egyptian companies to discuss possible projects.

“The timing of this healthcare trade mission is great because it comes as Egypt is working to increase access to quality healthcare for it citizens through the Healthcare Reform Program,” said Hyatt. “The companies on this trade mission can offer the latest in innovative healthcare technology and services.”

This is the fourth U.S.-government-led trade delegation to Egypt in the last six months. The Department of Commerce led trade missions to Egypt in March 2015 and in December 2014. Last November, the U.S. Chamber of Commerce led a delegation of over sixty companies, which was the largest in the Chamber’s history.

Last year, trade between Egypt and the U.S. totaled nearly $8 billion. Bringing trade delegations to Egypt is one of the many activities by the U.S. Embassy that helps strengthen the Egyptian economy and build business relations between Egypt and the U.S.