The British government has pledged to increase its investments in Egypt from the current 18 billion to 25 billion sterling pounds.
This came at a recent meeting between British Minister of State of Middle East Affairs Elizabeth Simons and Egypt's Minister of Foreign Trade and Industry Rasheed Mohamed Rasheed in Cairo.
Simons noted that the trade exchange volume between the two countries hit 674.6 million sterling pounds from January to July. This figure includes 354.6 million sterling pounds of British exports to Egypt compared to 320 million sterling pounds of imports.
© 2004 Mena Report (www.menareport.com)
