Egypt rolls out QR code certificates for coronavirus vaccination    Many feared dead in terrorist attack in north: Iraq military    Tennis: Djokovic's temper flares up in bronze-medal match loss    Regional forces join offensive against Mozambique extremists    UN warns hunger is expected to rise in 23 global hotspots    Egypt reports 45 new coronavirus cases, 4 deaths on Friday    Vaccinated people can carry as much virus as others: Study    Judo: Japan's Ono loses first bout since 2015    Swimming: US star Dressel wins 3rd goal in Tokyo, sets 100m fly world record    New Chinese investments pumped into SCZone    'Cooperation with Nile Basin countries key pillar of Egypt foreign policy': Irrigation minister    Scarlett Johansson sues Disney over its streaming release of 'Black Widow'    Hatif Libya, U.S. Infinera sign deal to upgrade Libya's fibre optic network    Ethiopia asks Algeria to correct Arab League's 'misperceptions' about GERD    Russia to send delegation to Egypt in August for its mega industrial zone project    Fitch forecasts Egypt's real GDP growth of 5.5% in FY2022/23    Qatar appoints ambassadors to Egypt and Libya    Ethiopia says 2nd GERD filling 'done according to 2015 DoP' with Egypt, Sudan    Over 1600 exporters applied to obtain their arrears through cash repayment initiative's 3rd stage : Finance minister    Egypt's transport start-up SWVL preps for Nasdaq listing after merger with Queen's Gambit    Father builds exoskeleton to help wheelchair-bound son walk    Russian delegation to visit Egypt today for Sharm al-Sheikh, Hurghada security checks    Remembering Roushdy Abaza: Egyptian silver screen's first man    Egypt signs 4 gold exploration deals with Canadian firm    Russia flights to Egypt resorts of Sharm el-Sheikh, Hurghada to resume on August 9    Orange Egypt Introduces Amazon Prime Video    Tokyo Olympics: Cautious opening ceremony, shy start for Egyptians in competitions    Mallawi Museum in Upper Egypt holds recycling workshop for children during Eid Al-Adha    Egypt keen on stable tax policies to attract more investors: Finance Minister    Niagara Falls illuminated in Egyptian flag to mark 23 July Revolution anniversary    Thanaweyya Amma exams resume after Eid Al-Adha holidays    Sudan declares state of emergency as water goes beyond Merowe Dam capacity    Egypt, Japanese Olympic Committee discuss boosting sports cooperation    1 child orphaned every 12 seconds due to COVID-19-associated death: World Bank    Capital flows into EM keep recovering after March 2020 slump: Central Bank of Egypt    US emphasises AU's role in mediating Ethiopian damdispute    Ethiopia ready to resume dam talks with no legally binding agreements: Ethiopian official    Sunken city of Thônis-Heracleion in Egypt's Abu Qir bay yields new archaeological treasures    New films, concerts, and destinations for Eid Al-Adha holidays    Egypt, Oman discuss enhancing bilateral economic, investment relations    Al Ahly v Kaizer Chiefs: Cairo giants eye 10th CAF Champions League title    Etisalat Misr partners with Bassita to contribute to a Cleaner Nile    Tunisia hopes to have a UN role in resolving Egypt-Ethiopia dam dispute    Egypt denounces Ethiopia's move to start second filling of giant dam    APO Group enters new exclusive agreement with Getty Images on African press releases and images    On International Museum Day, Egypt opens two new museums at Cairo Airport    Egypt's Ahly is establishing a new stadium, expected to be 'sports complex'    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    







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



17th Egyptian-Saudi Joint Committee agrees to develop trade cooperation
Two countries undertook several bilateral agreements, including an agreement to hold 18th joint committee meeting in Riyadh
Published in Daily News Egypt on 14 - 06 - 2021

The 17th Egyptian-Saudi Joint Committee, was held in Cairo, and chaired by Egypt's Minister of Trade and Industry Nevine Gamea and Saudi Arabia's Minister of Trade and Investment Majid bin Abdullah Al-Qasabi.
Gamea said that she and her Saudi counterpart signed an agreement that will see joint cooperation between the two countries enhanced in a large number of areas.
This includes: a commitment to the Greater Arab Free Trade Area (GAFTA), and the resolutions of the Economic and Social Council; and coordination between the Saudi Ministry of Investment, the Council of Saudi Chambers, and Egypt's General Authority for Investment and Free Zones (GAFI), to prepare for holding an investment forum in Riyadh.
The Saudi side would also be invited to participate periodically and annually in the activities of the Cairo International Fair (CIF), which is the largest commercial and economic event organised by the Egyptian Government.
The Egyptian side suggested establishing joint logistic areas specialised in storing, packaging, manufacturing, and exporting dates from both countries. This is in addition to establishing a joint entity to market dates to benefit from international agreements in both countries.
During the meeting, emphasis was placed on cooperation and facilitating the movement of export and trade exchange between the two countries for shipments of fresh fruits and vegetables.
This would take place provided that each side provides the other side with shipments that are rejected at the port of arrival to take corrective measures against the violating companies.
In addition, cooperation would take place in the fields of energy, industry, and mineral wealth, whilst also strengthening cooperation in the field of petroleum and refining energy between the two sides.
Egypt and Saudi Arabia have also agreed to cooperate on electricity and energy, in addition to arranging the ninth meeting and sixth workshop of the Egyptian-Saudi cooperation team in the field of electricity in Cairo.
The agreement urged the concerned authorities in the two countries to complete the procedures for signing contracts for the electrical interconnection project, according to the planned timetable.
Further agreement was made on the speedy completion of the final version of the Memorandum of Understanding between Egypt's National Telecom Regulatory Authority (NTRA) and Saudi Arabia's Communications and Information Technology Commission.
Meanwhile, discussions took place during the committee meeting on the possibility of developing joint tourism products between the two countries, and facilitating entry visa procedures and approvals from the concerned authorities.


Clic here to read the story from its source.