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Armenian-Egyptian Business Forum Scheduled To Be Held In Alexandria

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  • Armenian-Egyptian Business Forum Scheduled To Be Held In Alexandria

    ARMENIAN-EGYPTIAN BUSINESS FORUM SCHEDULED TO BE HELD IN ALEXANDRIA IN 2007

    Noyan Tapan
    Jun 26 2006

    CAIRO, JUNE 26, NOYAN TAPAN. The Armenian Ambassador to Egypt Ruben
    Karapetian was on a working visit to Alexandria, an industrial center
    of Egypt, on June 21-22 with the aim of discussing and promoting the
    opportunities of trade and economic cooperation between Armenia and
    Egypt. During the visit, the ambassador met with the management of
    the Union of Businessmen of Alexandria (UBA), visited Farco - Egypt's
    largest pharmaceutical company and the Zahran plant of domestic
    electric appliances.

    During a meeting with UBA Chairman Muhammed Ragab with the
    participation of about 25 businessmen, the Armenian ambassador
    presented the current satisfactory state of bilateral relations,
    stressing the need for further activization of the Armenian-Egyptian
    trade and economic cooperation. R. Karapetian pointed out such sectors
    as pharmaceutics, IT, agriculture, tourism, education and science as
    promising ones.

    The sides agreed to sign an agreement on cooperation with the Union of
    Businessmen of Armenia and to hold an Armenian-Egyptian business forum
    in Alexandria in 2007. The opportunities of implementing long-term
    investment programs in Armenia were discussed as well.

    According to the RA MFA Press and Information Department, the UBA
    also accepted the Armenian ambassador's proposal to organize a visit
    to Alexandria by a delegation of businessmen of Shirak marz. Within
    the framework of this visit, it will be possible to sign an agreement
    on declaring Alexandria and Gyumri sister cities.

    Dr. Medhat el-Dib, Rector of the Institute of Tourism and Hotels
    of Alexandria, who attended the meeting, announced his decision to
    allocate 5 scholarships to Armenia.
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