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Swiss Delegation in Cairo Mid June for Considering Investment Opportunities

Source: www.export-egypt.com 4/25/2014, Location: Africa

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Investment, trade and Industry Minister Mounir Fakhry Abdel Nour said that Swiss companies' delegation will visit Cairo mid next June for discussing available investment opportunities whether via carrying out new projects or forming partnerships with Egyptian investors.

Abdel Nour noted that the European Union is the first commercial partner to Egypt, noting that the coming period would witness fostering bilateral relation between the two countries that would serve the interests of the two sides.

During his meeting with Swedish Ambassador to Egypt Charlotta Sparre, Abdel Nour said that we are about to complete the second stage of the road map which is the presidential elections that would positively affect attracting new foreign investments.

Abdel Nour also pointed out that the problems of a Swedish company, operating in Egypt in the furniture field, with the Customs Authority would be solved.

Minister Abdel Nour added that the meeting tackled the importance of attracting Swedish companies to invest in Egypt in national projects such as the Suez Canal Axis Development Project and the golden triangle, especially in the fields of technical cooperation, transferring IT, communications, environmental technology, food industries and health care experience.

For her part, Sparre asserted that her country is keen on fostering cooperation with Egypt for being one of the main pivotal countries in the region.

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