Egypt, Poland to sign cooperation protocol

Published July 29th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

A protocol aiming to promote business cooperation between Egypt and Poland is expected to be singed this coming September, reported Al-Ahram daily. The Polish-Egyptian Businessmen Association head, Madhat Al-Kyasi, stated that preparations for the signing of began two years ago.  

 

The Egyptian-Polish Businessmen Association will sign the protocol on behalf of Egypt, while the Polish Commerce Association will sign on behalf of Poland. Al-Kyasi added that the two organizations prepared the protocol with the aim of increasing Egyptian export to Poland.  

 

In November 2000 the Egyptian-Polish Businessmen Association signed an agreement to establish a joint import-export company. The company's capital was estimated at four million Egyptian pounds (one million dollars), equally shared between the two sides. 

 

Last month, Poland’s President Alexander Kwasniewski stated his desire to boost economic cooperation between the two countries. In the past, the two countries have cooperated on a number of cultural exchange programs, including youth exchange projects, and a joint archeological project relating to Queen Hatshpsut's Temple. Nearly Polish 85,000 tourists visited Egypt last year. ― (MENA Report)

© 2001 Mena Report (www.menareport.com)