Egypt and the CFC explore avenues for stronger collaboration
The Hague, 3 December 2025 – The Managing Director of the Common Fund for Commodities (CFC), Ambassador Sheikh Mohammed Belal, paid a courtesy visit to H.E. H.E. Mr. Emad Magdy Hanna Kamel, Governor of the CFC for Egypt and Ambassador of the Arab Republic of Egypt to the Kingdom of the Netherlands.
The meeting provided an important opportunity to deliberate on issues of mutual concern and to identify avenues for strengthening cooperation between Egypt and the Common Fund for Commodities (CFC).
Ambassador Belal presented an overview of the CFC’s initiatives and the growing global demand for its services, highlighting the Fund’s tangible impact on livelihoods and resilience in commodity-dependent developing countries. Emphasizing the need for collective action, he underscored that eradicating poverty and achieving sustainable value chains require global solidarity and shared responsibility.
Ambassador Belal expressed appreciation to Ambassador Kamel for Egypt’s active engagement and long-standing support, noting the country’s strong potential to enhance agricultural value chains and reinforce farmers’ contributions to national economic transformation.
A key focus of the discussion was the Strategic Framework 2025–2035 (SFW), the CFC’s long-term roadmap to guide its operations and partnerships in the coming decade. Ambassador Kamel enquired about the progress of the drafting process and the measures being taken to ensure that the plan effectively responds to the growing needs and expectations of smallholders and SMEs across commodity-dependent developing countries.
Ambassador Kamel welcomed the visit and reaffirmed Egypt’s strong commitment to the CFC’s mandate. He emphasized the country’s ambition to attract innovation, investment, and technology to boost productivity and sustainability in its commodity sectors, and to provide local SMEs with more tools to overcome poverty.
Both sides reaffirmed their shared commitment to supporting smallholders and farmers. Ambassador Belal encouraged Egypt to continue its leadership in promoting fair and human-centered trade systems.
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[CFC Media Relations Team]
[Email: managing.director@common-fund.org]
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