Minister of Trade and Industry, Tarek Qabeel said that the "Brazilian and Kazakh" new business alliance could provide a two-ways trade movement by encouraging "Brazil and Kazakhstan "private sector to invest in Egypt, and to establish joint projects with Egypt in several private sectors, Al-Bawaba News reported. Brazil, Argentina, Uruguay and Paraguay will accompany the alliance on the discussions with the Eurasian Economic Union, to start the negotiations on signing a free trade agreement between Egypt and the countries of the Union, which will contribute to promoting common trade and economic relations during the coming phase.