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Elham AbolFateh

Business

Egypt، Russia ink trade cooperation protocol

Tuesday 06/November/2018 - 06:10 PM
Sada El Balad
Hassnein Tayea
The Cairo Chamber of Commerce signed today Tuesday a cooperation protocol with a Russian trade delegation aimed to boost investments، trade cooperation and economic relations between the two sides.

This came during a meeting between the chamber officials and members of the Russian delegation in Cairo with the aim of promoting joint investments.

Vice Chairman of the Cairo Chamber of Commerce Ibrahim el Araby said Egypt has taken effective economic reform measures and other measures that seek to lure investments.

The remarks were part of Araby’s speech that was delivered by member of the chamber’s board of directors Sameh Zaki.

The measures included liberating the exchange rate، restructuring the subsidy system as well as working to lure more foreign investments and reform the country’s legislative environment to improve investment climate، he indicated.


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