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Egypt, UAE Agree on Making Quantum Leap in Commercial, Industrial Ties

Source: www.export-egypt.com 3/18/2018, Location: Africa

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Egypt and the UAE agreed on promoting cooperation in various economic fields to make a quantum leap at the level of the commercial, industrial and investment relations.

This came during the conclusion meeting of the Egyptian-UAE joint economic committee, co-chaired by Egypt's Minister of Trade and Industry Tarek Qabil and UAE Minister of Economy Sultan bin Saeed al Mansoori.

In a press conference held , Qabil said that the meetings stressed the importance of enhancing Egyptian-UAE efforts to upgrade ties in all fields, especially the commercial and investment ones.

The economic and commercial relations between the two nations have been developed during the past period as a number of joint developmental ventures were implemented, he said.

Both sides agreed on removing obstacles hindering commercial ties to increase trade exchange, the minister added.

Talks between the two sides covered increasing joint investments, a draft MoU on qualifications and measurements, a proposed agreement on "halal" food, and the exchange of expertise and know-how in the customs domain.

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