Chairman of ECA Mahmoud Momtaz said that the authority is prioritizing expanding partnerships with its international peers as part of a broader strategy.
The Egyptian Competition Authority (ECA) signed a memorandum of understanding (MoU) with the Competition Protection Commission of the Republic of Armenia (CPC Armenia) to expand cooperation in competition law enforcement and policy, as per a statement.
The signing ceremony took place in Paris, where the two sides are participating in the 24th Global Competition Forum, organized by the Organisation for Economic Co-operation and Development (OECD). Under the agreement, the two parties will cooperate in exchanging information and experiences, conducting joint studies, organizing training visits and expert qualification courses, in addition to other areas that support the development of competition policies.
The Competition and Consumer Protection Commission of Armenia cooperates with its Egyptian counterpart within the framework of their membership in the International Competition Network (ICN). This cooperation gained new momentum after the Egyptian Competition Authority assumed the presidency of the Working Group “Competition Defense”, of which Armenia is an active member.
Chairman of ECA Mahmoud Momtaz said that the authority is prioritizing expanding partnerships with its international peers as part of a broader strategy.
This strategy aims at reinforcing the efficiency of markets, supporting the investment environment, and bolstering Egypt's position as a leading country in the field of competition protection regionally and continentally.
