New Direct flight agreement between Egypt, Romania: Ambassdor

CAIRO – 20 November 2017: The visit of the Romanian delegation headed by the Minister for Business Environment, Commerce and Entrepreneurship Ilan Laufer was fruitful, said Romanian Ambassador to Cairo Mihai Stefan in a statement.

The statement added that Laufer met with Prime Minister Sherif Ismail, Investment Minister Sahar Nasr as well as the Minister of Trade and Industry Tarek Kabil.

A number of agreements were signed during the visit, including one guaranteeing Romanian products in Egypt, another for opening a representative office for the Romanian trade association, and a third agreement for academic cooperation between Cairo University and the Romanian institutions. Additionally, an agreement was signed supporting direct Romanian flights to Egypt, under which a technical team will visit Egypt in February to activate the agreement.

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

Ismail said his government insists on carrying out its plan, which 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.

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

“The group of experts will work on exchanging know-hows and technical expertise for the benefit of the two countries,” Kabil added, noting that a developed SMEs sector will help create job opportunities for youth.