Egyptian delegation to visit Libya tomorrow
Egypt-Libya, Economics, 8/13/1999
A delegation of Egyptian businessmen is to start a visit to Libya tomorrow to participate in the meetings of the board of directors of the Libyan - Egyptian economic chamber, which is starting its works in Banghazi on Sunday.
The head of the delegation, Egyptian businessman Mohamed Abu El-Enein, the head of the Egyptian side in the chamber told Arabicnews.com that discussions ofthe main economic subjects like establishing a free trade zone between the two states will take place.
He added that the two sides will also discuss establishing a Libyan - Egyptian bank for supporting exports of the two states' products, in addition to increasing the capital of the Arab company for holding investments, which is a joint company between Egypt and Libya that was established in 1984 and that has a capital now reaching 4 billion pounds. The Egyptian side calls for increasing the capital to 10 billion pounds.
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