Romania-Egypt trade could hit USD 500 mn

Other measures set in the Council's action plan that its chairman cited include the achievement of annual investments of 10 million euros, with Romania to provide the know-how and the production lines. The two business communities can together enter third markets, with stress on Ethiopia and Tunisia and they can address such priority cooperation areas as research and education.The existence of systems characterised by stability in the political and legislative area and of competitive privatisation opportunities are as many arguments for the achievement of Egyptian investments in Romania, BCCI chairman Sorin Dimitriu said. To these adds the fact that Romania, in its capacity of a European Union member, can provide Egypt access to the EU area and to the ex-Soviet states, he stressed.

Other possible attractions for the Egyptian investors, Dimitriu said, include the existence of the EU research funds Romania also benefits from as well as the opportunities in aerospace and aviation, as Romania cooperates on these sectors with Germany, the Czech Republic and France.'Egypt could be a partner in the opening of a representative office of the Bucharest Chamber in northern Africa and even for Central and North Africa', the second of its kind in the Middle East, after the one opened in Sharjah, the United Arab Emirates, Dimitriu said.

Articole similare