Abdel-Nour Stresses Need of Fostering Cooperation Between North, South Mediterranean Countries

Trade and Industry Minister Mounir Fakhry Abdel-Nour underlined the need of increasing economic cooperation among countries in the north and south of the Mediterranean.

It is important to foster bilateral cooperation between Egypt and France in the various spheres, Abdel-Nour noted during his meeting with a delegation of the French parliamentary friendship group along with the French Ambassador to Egypt Nicolas Galey.

Abdel-Nour, meanwhile, said that the Egyptian economy is currently facing several challenges, including the budget deficit, energy crisis and the low tourism rates.

The government drew up a plan for economic development in order to face such challenges, Abdel-Nour added.

Source : Egypt State Information Service