600 firms eyes investing in Egypt: Austria FM says

By Noha Gad On Oct 15, 2016

Egypt’s Foreign Minister Sameh Shoukry met with Austrian Foreign Minister Sebastian Kurz to discuss strengthening economic cooperation and bilateral trade on Friday in Vienna.

According to a statement from Egypt’s foreign ministry, Kurz on his part said that there are 600 Austrian firms looking to invest in Egypt.

Shoukry inaugurated on Friday the Egyptian-Austrian business forum to enhance bilateral commercial relations, state news agency MENA reported.

The two counterparts tackled a number of regional and international issues including efforts in the United Nations Security Council to combat terrorism and end the Syrian conflict.

Egypt was elected a non-permanent UNSC member in 2015 for a two-year term.

Shoukry stressed Cairo’s stance on the necessity of a political solution in Syria and the importance of humanitarian aid reaching civilians.

During the 71st United Nations General Assembly meeting in New York late September, Egypt’s President Abdel-Fattah El-Sisi met with Austrian Chancellor Christian Kern to discuss Egyptian-Austrian political and economic relations.

Source: Ahram Online