al-Sisi‘s visit re-balances Egyptian-American relations

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Thursday - 6 April 2017 - 8:54 AM

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The Minister of Trade and Industry Eng. Tariq Kabil stressed the importance of President Abdul Fattah

 al-Sisi‘s visit to Washington, also the positive results of the visit politically and economically, and the importance of talks and meetings held by the president and the Egyptian delegation in rebalancing the Egyptian-American relations.

 

He added that during the coming period, negotiations will be held with the American side to increase Egyptian exports to the US and negotiations for more advantages through QIZ Agreement. He added that we are seeking to spread the QIZ thought inside Egypt between segments that did not know anything about it now.

 

The minister said, we emphasized during meetings with the U.S. side that no restrictions of any kind for transferring corporate profit, besides the Egyptian market very attractive for investment, referring to meetings with the president of the world banking in which was discussed increasing the share of participating States, he stressed that the ministry now seeks to return people to the industry instead of trade only .