Turkey, Egypt sign cooperation protocol in iron and steel trade

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Turkish Deputy Economy Minister Mustafa Sever said they plan to increase the trade volume between Turkey and Egypt to 10 billion USD from 5 billion USD and increase the Turkish investments in Egypt to 5 billion USD from 2 billion USD.

World Bulletin / News Desk

Turkey and Egypt have signed a protocol on cooperation in iron and steel trade. Penned by the Union of Turkish Steel Exporters and the Union of Egypt International Business and Investment, the protocol aims to boost the iron and steel trade between the two countries and enhance cooperation between the sectors.

Turkish Deputy Economy Minister Mustafa Sever said they plan to increase the trade volume between Turkey and Egypt to 10 billion USD from 5 billion USD and increase the Turkish investments in Egypt to 5 billion USD from 2 billion USD.

Turkey’s Ambassador to Egypt Huseyin Avni Botsali said the relationship between Turkey and Egypt should be a model for other countries, and added that the 21st century would be the century for Turkey and Egypt.

Botsali said Turkey would support Egypt in every means on its rebuilding process, and Egypt’s development would bring confidence and stability to the region.

via Turkey, Egypt sign cooperation protocol in iron and steel trade | Economy | World Bulletin.


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