Egypt and Turkey signed several cooperation agreements in Alamein, North Coast on 13 August, covering transportation, infrastructure, logistics, investment and trade, as the two countries seek to deepen bilateral economic ties and increase trade to USD 15 billion (EGP 747 billion). The agreements were signed during the second meeting of the Egyptian-Turkish Joint Planning Group, co-chaired by Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan. The meeting brought together representatives from the investment, trade, petroleum, and health and population ministries of both countries. Abdelatty and Fidan signed the protocol for the meeting before proceeding with a number of cooperation agreements. Among the agreements, Egypt formally joined a memorandum of understanding on logistical connectivity involving the transport ministries of several African countries and Türkiye’s Ministry of Transport and Infrastructure. A separate decision on rules of origin was also signed by Egyptian Minister of Investment and Foreign Trade Mohamed Farid Saleh and Fidan under the joint committee established through the countries’ free trade agreement. Rules of origin determine the country in which a product is considered to have been produced for trade purposes, helping establish which goods qualify forContinue reading "Egypt, Turkey Sign Cooperation Agreements in Alamein, Discuss $15B Trade Target"
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