Agriculture and Land Reclamation Minister El Sayyed el Quseir witnessed Sunday the signing of a cooperation protocol in the field of improving livestock breeds.

The cooperation protocol was signed by the Ministry of Agriculture and Land Reclamation, the Agricultural Bank of Egypt, and a company working in the field. It comes in line with President Abdel Fattah El Sisi’s instructions to improve the livestock breeds in order to increase the country’s animal and dairy wealth, as well as bridge the import gap, save the foreign currency reserve, and enhance the lives of farmers and shepherds in the light of Decent Life initiative, el Quseir said.

The protocol aims at offering high productive herds to farmers and shepherds via soft loans to be repaid from the production yields, he added.

The program is seen as a model of cooperation among the state institutions, the private sector, and the banking system, the minister elaborated.

Source: State Information Service Egypt