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Egypt, Belarus mull over new joint ventures - Daily News Egypt

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Egypt, Belarus mull over new joint ventures

Belarus is increasing its trade with Egypt and considering setting up new joint ventures, according to a statement issued by the Ministry of Industry and Trade on Thursday. The statement added that Minister of Industry and Trade Tarek Kabil met with a delegation of Belarusian businesspeople to discuss further cooperation. Between January and April 2017, …


Belarus is increasing its trade with Egypt and considering setting up new joint ventures, according to a statement issued by the Ministry of Industry and Trade on Thursday.

The statement added that Minister of Industry and Trade Tarek Kabil met with a delegation of Belarusian businesspeople to discuss further cooperation.

Between January and April 2017, the trade between the two countries doubled.

Belarus exports to Egypt metal products, tractors, x-ray equipment, oil products, dairy products, vehicle parts and accessories, and bearings.

In May 2017, the countries signed the first contract to supply Belarusian rye flour to Egypt.

Negotiations are underway on supplies of poultry meat, beef, pasta, and canned vegetables, the statement added.

The countries are working to develop the legal framework of cooperation in investment. Plans have also been made to hold talks on the project to build a wastewater treatment facility using Belarusian technologies in Egypt.

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