|
Differences between exporters delay establishment of Egyptian-Russian company
Egypt, Economics, 1/2/1998
The Egyptian-Russian company which Egypt and Russia agreed to set up to boost trade with the participation of both countries' private sectors is facing difficulties due to differences between the exporters over the company's role in boosting trade, the exporting fields, and the commodities that the company is going to deal in.
The company's capital is expected to be $30 million, split evenly between the two countries. A member of the Egyptian Department of Exports stated that setting up two companies instead of one company is currently under study. The first would be responsible for trade in industrial commodities, while the second would be responsible for agricultural commodities.
Previous Stories:
Europe helps Egypt remove land mines
(12/30/1997)
World Tourism Organization in Cairo
(12/26/1997)
Russian economy minister to visit Cairo
(12/26/1997)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
