Shell invests in Mina West gas development in Egyptian Mediterranean Sea    Egypt's FM highlights 'soft power' in Mali meeting with alumni    Egypt's foreign minister opens business forum in Niger, targets new partnerships    Egypt's FM delivers Al-Sisi message to Niger's leader, seeks deeper security ties    Rafah Crossing 'never been closed for one day' from Egypt: PM    Egypt will keep pushing for Gaza peace, aid: PM    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt's current account gap narrows, but overall BoP records deficit    Al-Sisi urges accelerated oil, gas discoveries, lower import bill    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



First Egyptian business delegation to Latvia eyes cooperation in IT, food industry, agriculture
Mission met with officials at Ministries of Economy, Agriculture
Published in Daily News Egypt on 27 - 06 - 2019

The Egyptian Business Council for International Cooperation (EBCIC) continues its first mission to Latvia which is headed by the EBCIC Chairperson, Motaz Raslan, with the aim of discussing new cooperation opportunities in the fields of information technology, food industry, and agriculture.
The mission met with the Head of the Economic Relations, Trade, and Development Cooperation Directorate at the Latvian Ministry of Foreign Affairs, Juris Štālmeistars, according to a statement of the EBCIC.
The visit is organised in association with the embassy of Latvia in Egypt, the Investment and Development Agency of Latvia (LIAA) and the General Authority for Investment and Free Zones (GAFI).
In his address to the delegation consisting of CEOs and owners of a number of leading Egyptian companies, Štālmeistars emphasised the constructive political and economic dialogue between the two countries.
Štālmeistars also called for the expansion of current cooperation in areas such as transport and logistics, agriculture, food processing, timber and chemical industries, as well as seeking synergies in information technology and innovation.
Economic relations, as a vital element in the bilateral dialogue, was also highlighted by the Egyptian ambassador to Latvia, Alaa Hegazy. Representatives from LIAA, GAFI, the Riga Free Port Administration, and several companies operating in the region, presented to the audience the advantages of Latvia's business environment and outlined concrete interests concerning future cooperation.
Latvia's export to Egypt have considerably increased in comparison to 2017, amounting to €70m. Since the opening of the Latvian Embassy in Cairo in 2007, the total turnover of trade between the two countries has increased almost tenfold, according to official statistics
The Egyptian mission also met with officials at the ministries of economy, and agriculture in addition to organising visits to several Latvian manufacturing companies.
During the official meetings, Raslan presented the recent economic reforms and the improvements that the business climate is witnessing, calling on the Latvian side to visit Egypt to continue the boosting of cooperation discussions.


Clic here to read the story from its source.