Egypt, Tatarstan agree to set up business council

Egypt and Tatarstan signed a protocol of cooperation to set up a joint business council to boost trade exchange between the two countries.

The protocol was signed by chairman of the Federation of Egyptian Chambers of Commerce Ahmed el Wakil and his Tatarstan counterpart.

Addressing a joint business forum, Secretary General of the Federation of Egyptian Chambers of Commerce Alaa Ezz said Egypt can be gateway for Tatarstan exports into Africa.

He called on Tatarstan companies to cooperate with their Egyptian counterparts, saying Egypt is Africa's first investment destination.