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Sunday, 12 November 2017

Egypt and Greece are ready to sign several MoUs

Egypt and Greece are ready to sign several MoUs on transportation, tourism, double taxation, agriculture, and fish farming, Trade and Industry Minister Tarek Kabil said during a visit to Athens on Thursday, according to Al Masry Al Youm. Kabil agreed with Greek Economy and Development Minister Dimitris Papadimitriou to implement a new strategy to regulate and promote economic cooperation between the two countries, according to a ministry statement. A delegation of Greek construction companies are also expected to visit Egypt soon to look into potential infrastructure projects, Greece’s Alternative Foreign Minister George Katrougkalos told Kabil. The minister also sat down with Greek Tourism Minister Elena Kountoura to discuss implementing previous agreements with Cyprus to increase cruises between the three countries. Kabil met with several Greek firms in the textiles, agricultural, renewable energy, and auto component industries, many of which expressed their interest in investing in Egypt.

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