Raising Egyptian Economic Growth Rates Gradually to 7%

Dr. Hisham Qandil Prime Minister - announced the government's intention Egyptian president to achieve political and economic stability, adding that the government aimed at raising growth rates gradually to reach 3.5% and 7%, by encouraging investments in small, medium and linked projects large. Qandil stressed that cooperation between Egypt and Turkey does not depend on economic cooperation, but up for strategic cooperation, pointing out that the trade volume will reach the end of this year to $ 5 billion.

Qandil called on Turkish businessmen to increase their investments in Egypt. He stressed the government's respect for contracts and not to increase taxes and amend legislation which contribute to achieving this goal. Came during Prime Minister speech to Egyptian-Turkish business forum yesterday attended by more than 200 Turkish businessmen and leaders and officials from the two sides. For his part, Recep Tayyip Erdogan, the Turkish Prime Minister that Egyptian-Turkish relations and close. He stressed that Turkey will remain next to Egypt to provide all aspects of support to them announcing the signing of Egypt and Turkey 27 agreement for cooperation between the two countries in all fields.

Osama Saleh, Minister of Investment and Free Zones - and Okdon Egypt continues to consolidate its relations with Turkey in the coming period through economic and investment cooperation is unprecedented. And stressed the commitment of the Egyptian government to ensure the protection of foreign investments in Egypt, especially in the wake of its orientation towards democratization and economic development, and respect its contracts with investors, as well as the positive trend of the state towards continued cooperation with the private sector as a key backer of the growth of the national economy.