Four joint Romanian - Egyptian projects

The executive steps will begin to establish four joint Romanian - Egyptian projects in assembling cars and tractors by using the most modern technological means, an environment-friendly factory for cement production, a project for petrochemical industries in Alexandria, and a project for generating electric power from the movement of water.

A Romanian source in Cairo stated that his country has wide experience in this field, adding that Egypt and Romania have an excellent position to affect their neighboring markets.

He said a Romanian - Egyptian business council would be established to increase economic cooperation and the volume of investment, as well as establishing fairs for different products in the two countries.