Iran's foreign minister warns of 'all-out war' if hit for Saudi attack    Egypt's Sisi issues presidential decree approving loan to build 4 desalination plants in South Sinai    'EFA have to first talk with Masry before national team duty,' says candidate coach Ihab Galal    US orders ‘substantial increase' of Iran sanctions    Israel's Netanyahu calls on rival Gantz to form unity government with him    Saudi stock market rises on oil supply pledge, interest rate cut    Bullet point previews of Premier League matches    Felix Brych to referee Ahly-Zamalek Super Cup game in Egypt's Alexandria    US Fed cuts interest rates for second time since 2008, amid “uncertainties”    Taliban suicide bomb in southern Afghanistan claims 20 more lives as election nears    Egypt's Al-Azhar deplores death of 27 children in Islamic school fire in Liberia    Google lining up to open new office in Cairo soon – official    Sudanese PM Hamdok flies to Egypt for talks    Trump bars California from setting stricter fuel standards    Danone Nations, DECATHLON launch series of initiatives, creating change    Live score: Paris Saint-Germain v Real Madrid (UEFA Champions League)    World at risk of pandemics that could kill millions    Mint, menthol e-cigarette liquids high in cancer-causing compound    Perils of gender and geography hamper global development    Saudi Arabia says full production restored within the month    'Egypt will not allow any country to impose its will on another in Ethiopian dam issue,' FM says    Egypt's new listing amendments mandate more women on boards    Egypt, Ethiopia at odds as talks over Blue Nile dam resume    5 plant-based soup recipes to warm your body and soul    Egypt's Ahly to train for Super Cup game against Zamalek immediately    Egypt says GERD talks with Ethiopia 'stumbled', next round in Khartoum in October    Tutankhamun Opera to debut with inauguration of Grand Egyptian Museum: Zahi Hawass    Egyptian transport start-up Swvl plans IPO in 5-10 years    Egypt court sentence 6 to death for joining terrorist group, manufacturing explosives; 8 acquitted    'Al-Daheeh' host Ahmed El-Ghandour shortlisted for IBC's first 'Young Pioneer' award    Egypt's Sisi discusses education, terrorism at national youth conference    Sisi to open 8th edition of the National Youth Conference Saturday    Spotify buys music production marketplace SoundBetter    Egypt's PM discusses details of Al-Hussein Mosque renovation    Egypt's Baron Empain Palace to be reopen after renovation    Court sentences six to death, 41 to lifetime imprisonment violence related case    Trump says he would release Mideast peace plan after Israeli elections    NBE announces EGP 2.5m prizes for handball youth teams for their world achievements    ACWA Power compares 3 bids to supply production units for Luxor power station    What do you know about gold alloying?    Jennifer Lopez evokes Egyptian outrage post her North Coast performance    Cairo's historic Tahrir square to be renovated – PM    Al-Sisi honours Egypt's scholars on Science Day    IS claims responsibility for suicide bombing killing 63 in Afghan wedding    Political parties gear up for parliamentary, senate, local elections    Unprecedented Glory: Egypt win Men's U-19 World Handball Championship    12th National Egyptian Theatre Festival fuel up public theatre art scene    Ministry of Environment has a plan for "black clouds season"    







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





Argentina aims to promote economic ties with Egypt
Al-Sisi had rewarding dialogue with counterpart during G20 meetings, says Argentina's ambassador
Published in Daily News Egypt on 08 - 07 - 2019

Argentina aims to strengthen economic ties with Egypt in terms of pushing new investments, promoting trade exchange, and tourism figures, Eduardo Varela, the Argentinean ambassador to Egypt, told Daily News Egypt.
Both countries are working on advancing cooperation and pushing investments in the fields of livestock as Argentina has extensive experience in the livestock field, Varela noted. “There are some needs in Egypt in the livestock field and we are ready to cooperate with Egypt in this field.”
Egyptian President Abdel Fattah Al-Sisi met with his Argentinian counterpart Mauricio Macri during the G20 summit held last week in Osaka, Japan, the ambassador added, asserting that both presidents had a very productive dialogue.
On 29 June, Egypt's presidential spokesperson Bassam Radi praised in a statement the strong historical bond between Egypt and Argentina and the ambitious Argentine economic reform programme, noting that Egypt can benefit from Argentina's success story.
He pointed out that both presidents see eye to eye the need to develop bilateral relations in all fields as well as reactivate the existing cooperation mechanisms, noting that Argentina is a member of the South American bloc, Mercosur, which is connected with Egypt by a free trade agreement.
The two presidents discussed during their talks possible ways to increase Egypt's trade exchange with Mercosur, which also groups Brazil, Paraguay, and Uruguay, Radi said.
The ambassador added that trade exchange between both countries is at $1.5bn per year, noting, “We aim at more balanced trade exchange with Egypt because we export a lot to Egypt, yet we are aware that in order to export more to Egypt, we have to buy more too.”
The ambassador stated that an Argentinean company is working on building energy facilities in Egypt through a commercial office not via a direct investment.
Egypt's Minister of Investment and International Cooperation, Sahar Nasr, visited Argentina in March, where she met with senior Argentinean officials for discussions to promote investments between both sides.
Additionally, Egyptian authorities are working on operating direct flights with Argentina, which will boost tourism figures between both countries, the ambassador noted.


Clic here to read the story from its source.