Egyptian Side in Business Council with Ethiopia Re-formedSource: www.export-egypt.com 4/5/2015, Location: Africa |
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The new formation will be in office for three years under Board Chairman of Suwaidi Electrics Ahmed Suwaidi.
The Egyptian side should send to The Minister a by-annual report on its activities and proposals. Abdel Nour said in a released statement by the ministry that the council plays an important role in boosting trade between Egypt and Ethiopia and increasing joint investments. The Minister underlined the importance of increasing joint trade between both sides. There are 137 Egyptian companies with 2-billion-dollar investments operating in Ethiopia. Suwaidi investments alone are estimated at 250 million dollars. |
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