site.btaBulgarian-Egyptian Intergovernmental Commission for Economic Cooperation Holds Meeting after 11-Year Break

113 ECONOMY-BULGARIAN-EGYPTIAN COMMISSION-SESSION

Bulgarian-Egyptian Intergovernmental Commission for
Economic Cooperation Holds Meeting after
11-Year Break


Sofia, February 1 (BTA) - Speaking at a meeting Friday of the Bulgarian-Egyptian Intergovernmental Commission for Economic Cooperation taking place in Sofia after an eleven-year break, Agriculture, Food and Forestry Minister Roumen Porozhanov described the pause as too long, Porozhanov's Ministry said in a press release. Porozhanov is a co-chair of the Commission on the Bulgarian side. He said that the Commission is an important platform and tool for developing and expanding the cooperation between Bulgaria and Egypt in all spheres.

In Porozhanov's words, despite the steady increase of the two-way commercial exchange over the past few years, it is still considerably below the potential and capabilities of the two countries.

Egyptian Minister of Investment and International Cooperation Sahar Nasr singled out energy, transport, communications, the food industry, agriculture and tourism as the most promising areas for cooperation between the two countries.

The two ministers had a meeting before the session of the Commission. A memorandum of understanding on scientific and technical cooperation was signed between the Bulgarian Agriculture Academy and Egypt's Agricultural Research Centre. Bulgarian and Egyptian business representatives held direct meetings after the Commission's session. RY/ZH//