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[rtl]History of edits:: 02.20.2016 11:36 • 40 visits readable[/rtl]
{Baghdad: Euphrates News} Iraq and Egypt signed a memorandum of understanding for the promotion and development of trade cooperation between the two countries during the next phase, which was signed by Iraq's Mohammed Xiaa Sudanese and Iraqi Trade Minister and Zia Dabbas Iraq's ambassador in Cairo, and for Egypt Tarek Kabil, Minister of Trade and Industry.
According to the Ministry of Commerce said in a statement the agency {Euphrates News} received a copy of it on Saturday, "the Minister of Trade and Industry of Egypt Tarek Kabil said that the signing of this agreement comes within the framework of Egypt's keenness on supporting the reconstruction of Iraq and strengthen the bonds of friendship between the people of the two countries," pointing that "there are many commercial and industrial opportunities available and that can contribute to boosting cooperation."
He noted that "the memorandum included the establishment of the Ministry of Industry to nominate companies from the Egyptian private sector to meet the Iraqi side needs of some commodities and food products with a total value of up to 216 million dollars, to be the signing of contracts
and the processing of purchase between the General Company for the food trade of the Iraqi Ministry of trade and Egyptian companies that Strhhaa ministry. "
Cain explained that" the agreement may also text to take over the ministries of commerce of the two countries follow the commitment of the companies of the Egyptian and Iraqi implementation of the commitments contained sides in this agreement, to take effect, the agreement of the day for a period of six months
, renewable once, and on the development of trade relations between the two countries, the minister said that it was agreed with the Iraqi Minister of trade to activate and reshape Egyptian Iraqi Business Council joint development of commercial, industrial and investment ties during the next phase he said, adding that the visit of the Ministers of trade and Iraqi industry to Egypt in one week is an affirmation of the keenness of the Iraqi side to deepen and strengthen economic relations with Egypt. "
the minister pointed out that" currently being prepared to visit Iraq at the head of a delegation of Egyptian businessmen interested in the Iraqi market will also be holding exposed first Egyptian products in Baghdad and two in Basra during March and April next two months. " Mohammed Xiaa Sudanese and Iraqi trade Minister, for his part, said that" the volume of trade exchange between the two countries Bensatih import and export, which up to one billion and 400 million dollars does not reflect definitely potential for trade. " between the two countries and mutual desire to improve its political will available, stressing his country's aspiration to raise the rate of trade exchange to the high rates of similar trade exchange between Iraq and some neighboring countries, especially the rates under the possession of Egypt huge productivity and industrial base that qualifies them to raise the size of the exchange and acquisition of a large part of the market's needs Iraqi. " He added that" the challenges facing the Arab region require that both Egypt and Iraq played a pivotal role for the restoration of the Arab economy magnitude usual, emphasizing the prominent role of the Egyptian government in supporting the Iraqi economy during this stage, ".anthy
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Iraq, Egypt sign agreement for the export of food commodities worth $ 216 million
[/rtl][rtl]History of edits:: 02.20.2016 11:36 • 40 visits readable[/rtl]
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[rtl]{Baghdad: Euphrates News} Iraq and Egypt signed a memorandum of understanding for the promotion and development of trade cooperation between the two countries during the next phase, which was signed by Iraq's Mohammed Xiaa Sudanese and Iraqi Trade Minister and Zia Dabbas Iraq's ambassador in Cairo, and for Egypt Tarek Kabil, Minister of Trade and Industry.
According to the Ministry of Commerce said in a statement the agency {Euphrates News} received a copy of it on Saturday, "the Minister of Trade and Industry of Egypt Tarek Kabil said that the signing of this agreement comes within the framework of Egypt's keenness on supporting the reconstruction of Iraq and strengthen the bonds of friendship between the people of the two countries," pointing that "there are many commercial and industrial opportunities available and that can contribute to boosting cooperation."
He noted that "the memorandum included the establishment of the Ministry of Industry to nominate companies from the Egyptian private sector to meet the Iraqi side needs of some commodities and food products with a total value of up to 216 million dollars, to be the signing of contracts
and the processing of purchase between the General Company for the food trade of the Iraqi Ministry of trade and Egyptian companies that Strhhaa ministry. "
Cain explained that" the agreement may also text to take over the ministries of commerce of the two countries follow the commitment of the companies of the Egyptian and Iraqi implementation of the commitments contained sides in this agreement, to take effect, the agreement of the day for a period of six months
, renewable once, and on the development of trade relations between the two countries, the minister said that it was agreed with the Iraqi Minister of trade to activate and reshape Egyptian Iraqi Business Council joint development of commercial, industrial and investment ties during the next phase he said, adding that the visit of the Ministers of trade and Iraqi industry to Egypt in one week is an affirmation of the keenness of the Iraqi side to deepen and strengthen economic relations with Egypt. "
the minister pointed out that" currently being prepared to visit Iraq at the head of a delegation of Egyptian businessmen interested in the Iraqi market will also be holding exposed first Egyptian products in Baghdad and two in Basra during March and April next two months. " Mohammed Xiaa Sudanese and Iraqi trade Minister, for his part, said that" the volume of trade exchange between the two countries Bensatih import and export, which up to one billion and 400 million dollars does not reflect definitely potential for trade. " between the two countries and mutual desire to improve its political will available, stressing his country's aspiration to raise the rate of trade exchange to the high rates of similar trade exchange between Iraq and some neighboring countries, especially the rates under the possession of Egypt huge productivity and industrial base that qualifies them to raise the size of the exchange and acquisition of a large part of the market's needs Iraqi. " He added that" the challenges facing the Arab region require that both Egypt and Iraq played a pivotal role for the restoration of the Arab economy magnitude usual, emphasizing the prominent role of the Egyptian government in supporting the Iraqi economy during this stage, ".anthy
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