Author:
Танјуг
Opening the two-day meeting of the Mixed Serbian-Egyptian Committee for economic cooperation, Krkobabic said that this committee has met now for the first time after 23 years. He underlined that the work of this committee should be a cornerstone for the expansion of Serbia’s and Egypt’s economic cooperation.
In the next two days, the committee will prepare agreements in the fields of science, culture, transport, tourism and economic cooperation, which will be signed at the formal session.
During this meeting, businessmen from Serbia and Egypt will talk about cooperation in the field of agriculture, privatisation, medicine, pharmacology and aviation, Krkobabic said.
He explained that in the next few days the working group will also prepare agreements which will be signed during the next visit of the Serbian delegation to Egypt.
The Serbian Deputy Prime Minister said that there is great potential and political will for improvement in economic cooperation, recalling that Serbian President Boris Tadic visited Egypt last year.
Krkobabic noted that Egypt and Yugoslavia were an example of good interstate cooperation until the 1990s and Egypt was Yugoslavia’s most significant partner among developing countries in trade, production cooperation, military and economic investment, tourism, science and culture.
Abul-Naga welcomed the renewal of economic cooperation between Serbia and Egypt because it is a common interest and noted that there is great interest in joint investment and cooperation in the fields of agriculture, medicine and medical equipment.
She said that Serbia is an excellent partner for cooperation because it has free trade agreements with the Russian Federation, Belarus and CEFTA members.
Egypt, on the other hand, has an excellent geographical position because it is located on one of the world’s most significant trade roads, namely the Suez Canal, Abul-Naga said and added that her country has free trade agreements with 21 Arab countries.
Serbia’s efforts to join the EU are also important for cooperation because Egypt has a free trade agreement with the EU, Abul-Naga concluded.