Within the framework of the directives of Dr. Mohamed Farid, Minister of Investment and Foreign Trade, and in light of the State’s orientations towards comprehensive digital transformation, Eng. Essam El-Naggar, President of the GOEIC, participated in an expanded meeting held by the Internal Trade Development Authority, headed by Dr. Mohamed Awad Ibrahim, at the Authority’s headquarter in the New Administrative Capital, to discuss ways to enhance joint cooperation and achieve institutional integration between the two sides.
The meeting was attended by a number of leaders and officials from both institutions, and they agreed upon preparing cooperation protocol for achieving full electronic connectivity between the GOEIC and the Authority, allowing the immediate and secure exchange of data and contributing to raising the efficiency of government performance and improving the quality of services provided to citizens and investors.
The agreement included providing electronic verification services for registration certificates in the commercial agents, advertising and publicity register, in addition to verifying the validity of commercial registers data electronically, which enhances transparency, accuracy and integrity of the data being circulated.
The two sides also agreed to provide the GOEIC with commercial registry data for registered companies, which supports updating databases and achieving information integration, as well as studying the possibility of making each entity’s services available through the other entity’s outlets, that will facilitate citizens and investors access to services more efficiently and quickly.
Both sides affirmed that this cooperation will be consistent with the Egyptian state’s vision towards building an integrated digital economy, expanding reliance on electronic means, and working towards the gradual elimination of paper document circulation, which contributes to accelerating the completion of transactions, raising the efficiency of institutional performance, and enhancing the investment climate.
This cooperation is expected to contribute to improving the business climate, enhancing the investors' confidence, and providing more efficient and flexible government services in the coming period.