Y. Dossayev and Mounir Fakhry Abdel Nour discuss economic coop
15:52, 22 October 2014
ASTANA. KAZINFORM - Kazakhstan Minister of National Economy Yerbolat Dosayev and Minister of Industry and Trade of small and medium-sized businesses in Egypt Mounir Fakhry Abdel Nour have held a meeting, the press service of the National Economy Ministry informs.
"We welcome the proposal to establish a free trade zone between the countries of the Customs Union and Egypt," said Y. Dossayev at the round table.
Yerbolat Dossayev stressed that the creation of the free trade zone will give a significant impulse to bilateral cooperation between the two states.
It should be noted, that trade turnover between Kazakhstan and Egypt within 8 months of 2014 amounted to about USD 50 million.
In 2015, Kazakhstan and Egypt are planning to hold the 5th meeting of the intergovernmental commission on trade, economic, cultural, humanitarian, scientific and technical collaboration.