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Thursday, 25 August 2016

Int’l Cooperation Minister Sahar Nasr signs financing agreements with Austria, Italy, to sign MoUs with Azerbaijan

International Cooperation Minister Sahar Nasr signed an agreement with Austrian Ambassador Georg Stillfried to extend the terms of a EUR 50 mn financing package to 2018, the Ministry announced in a statement carried by Al Borsa. The two parties discussed areas of mutual cooperation. The ministry also signed two grant agreements with the Italian Development Cooperation worth a combined EGP 90 mn, Al Mal reported. The grants are meant to fund the Demo Integrated Technical Education Cluster in Fayoum, and a new educational complex in Abu Ghaleb, Giza. Nasr reportedly said the Italian funding underscores good relations despite the ongoing diplomatic flap over the murder in Cairo of Italian student Giulio Regeni, Al Mal reported.

The ministry is also readying for a state visit by Azerbaijan’s president, Ilham Aliyev, in October, Al Masry Al Youm reports. International Cooperation Minister Sahar Nasr met with the Azerbaijani ambassador to Cairo on Tuesday to prepare for Aliyev’s visit.

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