Top Italian firms plan Egypt tour

Mounir Fakhry Abdel Nour, the Egyptian Minister of Industry, said on Monday that the government will receive a delegation from major Italian companies in February, led by Carlo Calenda, the Deputy Minister for Economic Development.The Italian delegation will discuss further cooperation with Egypt in a number of joint projects, especially in the agricultural field, he added.

Abdel Nour said during a meeting between the Italian Minister of Agriculture Maurizio Martina, who is currently visiting Egypt, that the implementation of the so-called Green Trade initiative with Italy.

He said it aims is to support trade in agricultural goods between the North African country and the European Union via Italy, improve productivity rates and standards of Egyptian agricultural products to reach European standards, cooperation in the field of transport between the two countries’ ports, as well as simplifying customs procedures to facilitate the access of goods and products.

“The existence of a number of major national projects in Egypt has recently prioritized and welcomed Italian cooperation to access them, including the Suez Canal project, especially in the field of shipbuilding industry and the development of a number of marine ports”, he explained.