Egypt, Algeria sign MoU to increase trade exchange
FEDCOC chairman Ahmed El-Wakil
Cairo - MENA
The Federation of Egyptian Chambers of Commerce (FEDCOC) on Thursday signed a memorandum of understanding (MoU) with the Algerian Chamber of Commerce and Industry (CACI) to activate the Egyptian-Algerian Business Council, with a view to increasing the volume of trade exchange and exploring available trade and investment opportunities.
Delivering a speech at the Egyptian-Algerian business forum, FEDCOC chairman Ahmed El-Wakil said the agreement includes establishing an annual work program covering different activities.
Also, El-Wakil urged the maritime transport Sector and the international transport services department to accelerate the building of a direct navigation route linking the two countries.
The move is expected to contribute to lowering freight costs and enhancing Algerian exports through the Suez Canal development axis.
The FEDCOC called on Algeria to join the Greater Arab Free Trade Area (GAFTA), Agadir Agreement, with the aim of attaining industrial integration and raising the exchange of the production components and inputs to boost exports.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseGMT 12:33 2018 Tuesday ,27 November
Egypt's imports of poultry, sugar drop over past 10 monthsRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 02:03 2015 Monday ,02 March
US dollar exchange rate unchanged today against EGP
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 22:42 2018 Thursday ,13 December
'World of Food Abu Dhabi' kicks off at Umm Al Emarat Park
GMT 17:33 2018 Friday ,30 November
US-led coalition airstrike on Syria’s Deir ez-Zor kills over 30 civilians
GMT 18:45 2018 Monday ,05 November
Spice Girls reunite for British tour, minus Victoria Beckham
GMT 18:15 2018 Wednesday ,17 October
Malki welcomes UN vote giving State of Palestine more powers
GMT 11:22 2018 Wednesday ,10 October
Saudi student found dead inside US apartment
GMT 11:42 2018 Wednesday ,10 October
Four dead in Manama gas cylinder blast
GMT 11:44 2018 Monday ,08 October
President underlines need for policy action strategies
GMT 08:32 2017 Thursday ,02 March
Sudan’s Bashir names ally prime minister
GMT 14:32 2018 Sunday ,30 September
President al-Assad decrees the establishment of Children’s Hospital in TartousGMT 17:55 2011 Wednesday ,16 November
S. Africa seeks DNA of rhino horns seized in Hong Kong
GMT 13:57 2016 Wednesday ,24 February
Fans of Indian politician get tattoos for her birthday
GMT 11:01 2018 Friday ,07 September
Trump calls on times to reveal 'coward' behind critical oped
GMT 23:55 2017 Wednesday ,22 February
Malaysian PM: N.Korean envoy was “diplomatically rude”
GMT 07:18 2017 Monday ,10 April
President of the European Council Receives Credentials of Qatari AmbassadorGMT 00:01 2012 Tuesday ,08 May
Beren Saat, dream woman for Arab men
GMT 19:11 2017 Sunday ,19 February
US defence secretary, Abu Dhabi CP discuss military cooperation
GMT 15:24 2017 Thursday ,17 August
12 Daesh elements killed in tunnel collapseGMT 17:05 2012 Saturday ,10 March
Literary giants come face to face with readers
GMT 08:53 2017 Monday ,20 March
Philippines' Duterte calls European critics 'crazies'
GMT 04:50 2016 Monday ,12 December
Al Azhar Imam heads for Abu Dhabi
GMT 19:49 2016 Tuesday ,14 June
Trudeau : Canadian hostage likely killed
GMT 07:29 2017 Monday ,24 April
European stocks surge at open on French vote resultGMT 08:24 2013 Thursday ,31 January
Cinderella
GMT 12:30 2014 Thursday ,03 April
Game developers to go global with Google play
GMT 03:46 2015 Wednesday ,09 September
Microsoft buys cloud computing security startup
GMT 15:42 2016 Sunday ,21 August
Facebook woos video-loving teenagers with new app
GMT 14:00 2016 Saturday ,05 March
SpaceX satellite launch succeeds, but rocket crash lands
GMT 14:39 2016 Monday ,14 March
US shale producers pushing technology to new extremesGMT 14:47 2012 Wednesday ,20 June
How to get rid of pimple marks
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor