Sisi approves framework deal with China

CAIRO, Jan 26 (MENA) - President Abdel Fattah El Sisi has issued a decree approving a framework agreement between the Ministry of Trade and Industry and the Ministry of Investment on one hand and the Chinese National Development and Reform Commission (NDRC) and the Ministry of Trade on the other hand.

The agreement, signed in Beijing on September 2, 2015, aims at promoting economic development and cooperation in the field of productive energy.

The agreement also seeks to foster cooperation between Cairo and Beijing in the areas of trade and innovation.

The decree no. 229/2016 was published in the official gazette on Saturday.