Sahar Nasr: Investment Minister, Cypriot president review promoting economic cooperationSource: www.export-egypt.com 3/4/2017, Location: Africa |
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 Cypriot President Nikos Anastasiadis received Egyptian Minister of Investment and International Cooperation Sahar Nasr during her official visit to Cyprus to chair the Egyptian side at the second session of the Egyptian-Cypriot committee.
During the meeting, she conveyed greetings of President Abdel Fattah el Sisi, underling the depth of bilateral ties. . Anastasiadis asked Nasr to forward his greetings to Sisi, underlined full support for Egypt's efforts to realize economic development.. Anastasiadis underscored the deeply-rooted ties between the two countries, highlighting the importance of furthering bilateral relations.. Anastasiadis hailed developing a trilateral economic cooperation mechanism between Egypt, Cyprus and Greece, thus representing an epitome of regional cooperation in economic, investment and development projects.. The Cypriot president stressed keenness on increasing investments in Egypt which is a key partner to Cyprus and a cornerstone for regional security and stability.. Nasr asserted Egypt's keenness on enhancing bilateral ties and increasing joint investments. The Minister said the Egyptian government welcomes Cypriot investors to do business in Egypt, adding that Egypt adopts an open policy for encouraging investment. She added that Egypt gives a top priority for measures that would improve the investment climate. Nasr noted that three memorandums of understanding were inked during the committee meeting. The memos are meant to enhance joint investment, facilitate foreign direct investment, exchange information about investment opportunities and encourage exchanging visits of businessmen of both countries, she said. Nasr also met with Cypriot House of Representatives President Demetris Syllouris for talks on enhancing bilateral relations in the investment domain. Syllouris underlined appreciation to Egypt and the amicable ties between the two countries, citing an Egyptian-Cypriot memo for parliamentary cooperation. He added that Cypriot lawmakers will be Egypt's ambassadors at the EU parliament. Nasr had also talks with Cypriot Agriculture Minister Nikos Kougialis on promoting bilateral cooperation. Kougialis underlined Cypriot investors keenness on boosting investments, especially in the field of fish farming. |
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