The Minister of Industry and Foreign Trade Hatem Saleh revealed to Amwal Al Ghad that the Ministry is set to send an Egyptian economic delegation to France and Germany by the beginning of 2013.
Such visits aim at discussing the possible methods for fostering economic cooperation between Cairo on one side and Paris and Berlin on other other side in the upcoming period through building new bridges for trade cooperation, increasing the movement of capital among these parties, exchanging experiences about technical and IT affairs of investment in general, and industrial investment in particular.
The Ministry currently steps up its efforts to reduce Egypt’s trade balance deficit as well as takes all precautionary measures in line with World Trade Organization’s provisions to protect local industries.