PM meets Romanian commerce minister

CAIRO – 20 November 2017: Prime Minister Sherif Ismail met with Romanian Minister of Business Environment, Commerce and Entrepreneurship Ilan Laufer, who is visiting Egypt with a group of Romanian businessmen.

Ismail reviewed during his meeting with Laufer the economic and social program reforms applied by the Egyptian government.

The PM said his government insists on carrying out its plan, which has managed to improve the performance of the Egyptian economy and make the business environment more attractive for new investments. He also said that the reform program guarantees upgrading services for citizens.

Ismail appreciated the Romanian visit, hoping that it will contribute to creating increased cooperation and bilateral trade between the two countries.

On other hand, Minister of Industry and Trade Tarek Kabil announced in a statement Monday that Egypt and Romania will form a working group for bilateral cooperation in the field of SMEs.

“The group of experts will work on exchanging know-how and technical expertise for the benefit of the two countries,” Kabil added, noting that having a developed SME sector will help create proper jobs for youth.

This came during Kabil’s meeting with the Romanian delegation headed by Laufer, in addition to a number of the country’s businessmen who are also visiting Cairo to participate in the Egyptian-Romanian Business Forum.

The meeting discussed the efforts that the Egyptian government has been exerting to develop and bolster the SME sector, referring to the new entity established to administrate SME projects.