Mubarak visits Spain on Monday

Egyptian President Hosni Mubarak is to begin on Monday a visit to Spain during which he is to discuss with the Spanish officials in different fields the peace process in the region, economic cooperation and signing several agreements on joint investment and banning double taxation.

The joint investments between the two countries are 15 projects whose capital reach 108 million L.E in which the Spanish side's share reach nearly 33 million L.E.

Noteworthy is that Egypt suffers a trade deficit with Spain as the volume of Egyptian exports to Spain reach $ 92 million while imports from Spain reach $ 358 million.