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Egypt, Spain confer on boosting economic cooperation development

Minister of Trade and Industry Ahmed Samir conferred with Spanish Secretary of State for Trade Minister Xiana Méndez Bértolo on means to develop economic and cooperation ties between Egypt and Spain in addition to the latest developments in the global economic crisis and a number of issues and files of mutual interest.

This came in presence of Spanish Ambassador to Egypt Alvaro Iranzo Gutierrez and Head of Commercial Representation office Yehia el Wathiq Billah.

In a statement quoted by the Ministry of Trade and Industry Tuesday, Samir said that Spain is a main economic partner for Egypt in the different domains at the different levels.

The Spanish secretary of state is currently on a visit to Egypt leading a high-profile delegation including representatives of 30 major companies.

Samir said the visit of the Spanish minister reflects the keenness of both countries on boosting joint economic cooperation at the different levels.

Samir pointed out to the importance of the Spain-Egypt Multilateral Partnership forum hosted in Cairo to expand frameworks of cooperation in the all the fields of trade, industry and investment.

The forum reflects Spanish keenness on boosting investment partnership with Egypt and pushing forward bilateral ties between both countries to distinguished levels for the interest of the peoples, he said.

He pointed out to the keenness of the ministry to benefit from the major Spanish industrial expertise and the developed technology to develop national industry to benefit from the natural resources and mining in Egypt.

The meeting reviewed the importance of boosting cooperation between Egypt and Spain in the field of car industries, he said.

Meanwhile, Bértolo asserted the keenness of Spain to boost relations of economic cooperation with Egypt.

She also lauded the efforts of the Egyptian government to support Spanish companies investing in the Egyptian market.

Source: State Information Service Egypt