Egypt - Sharm el-Sheikh2011-01-08
Egyptian economic delegation to visit Iraq next month to increase trade and investment cooperation
بغداد ( إيبا ).. BAGHDAD (Iba)
Revealed the Egyptian ambassador in Baghdad Sharif Shaheen, the Minister of Industry and Trade of Egypt will, by mid-next month, a visit to Iraq at the head of a large economic delegation comprising a number of senior businessmen and investors, to discuss ways to increase the volume of bilateral trade and investment between the two countries.
Shahin added in remarks published Saturday that Iraq would be a promising for the Egyptian economy, where it was agreed that (Arab Contractors) in the project of subway Baghdad, which cost $ 12 billion, in addition to that there is an urgent need for the hands of the Egyptian working to participate in the reconstruction .
He continued: Egypt will also participate in a lot of infrastructure projects in roads and bridges, especially in Basra, and in the field of housing and the establishment of tourist resorts, particularly in northern Iraq.
Sahin said that a group of Egyptian delegations have recently Esiarp Iraq to establish a new phase of economic cooperation between the two sides, as Engineer Sameh Fahmi, Minister of Petroleum, visited Iraq last October it was agreed that the Egyptian companies to rehabilitate the infrastructure of Iraq in the oil field and enter into Tenders for the rehabilitation of pipelines and refineries, distribution and transport of natural gas and the agreement to enter Egypt on a large project for the reconstruction of the port of Faw in the reel.
He stressed that he was agreed to end the issue of Iraqi debt, totaling about one billion dollars to companies, individuals and public and private sector Egyptian was agreed to form a technical committee and will be activated this committee to end the crisis, especially after the formation of the new Iraqi government. (End) / g / ..
Egyptian economic delegation to visit Iraq next month to increase trade and investment cooperation
بغداد ( إيبا ).. BAGHDAD (Iba)
Revealed the Egyptian ambassador in Baghdad Sharif Shaheen, the Minister of Industry and Trade of Egypt will, by mid-next month, a visit to Iraq at the head of a large economic delegation comprising a number of senior businessmen and investors, to discuss ways to increase the volume of bilateral trade and investment between the two countries.
Shahin added in remarks published Saturday that Iraq would be a promising for the Egyptian economy, where it was agreed that (Arab Contractors) in the project of subway Baghdad, which cost $ 12 billion, in addition to that there is an urgent need for the hands of the Egyptian working to participate in the reconstruction .
He continued: Egypt will also participate in a lot of infrastructure projects in roads and bridges, especially in Basra, and in the field of housing and the establishment of tourist resorts, particularly in northern Iraq.
Sahin said that a group of Egyptian delegations have recently Esiarp Iraq to establish a new phase of economic cooperation between the two sides, as Engineer Sameh Fahmi, Minister of Petroleum, visited Iraq last October it was agreed that the Egyptian companies to rehabilitate the infrastructure of Iraq in the oil field and enter into Tenders for the rehabilitation of pipelines and refineries, distribution and transport of natural gas and the agreement to enter Egypt on a large project for the reconstruction of the port of Faw in the reel.
He stressed that he was agreed to end the issue of Iraqi debt, totaling about one billion dollars to companies, individuals and public and private sector Egyptian was agreed to form a technical committee and will be activated this committee to end the crisis, especially after the formation of the new Iraqi government. (End) / g / ..