Egypt -Jordan talks on economic trade and investment

The Egyptian -Jordanian joint higher committee will open its two-day meetings tomorrow in Cairo.

ÊÊÊ Talks will deal with agreements and memos of understanding which will include: -A navigation line between Taba and Aqaba in implementation of what was agreed on by readerships in both countries for facilitating tourist cooperation.

ÊÊÊ - Conveying the Egyptian liquified gas from A1 Arish to Al Aqaba harbor through the Egyptian- A1 Shark company which costs 250 million.

ÊÊÊ - Reactivating free trade zone between the two countries and exempting more Egyptian and Jordanian exports from customs and duties with the aim of expanding the volume of trade exchange to 200 million dollars from 57 million dollars at the present time.

ÊÊÊ The Egyptian Business council will meet on the sidelines of the joint higher committee and will discuss increasing the volume of joint ventures in the field of medicines and information technology.

ÊÊÊ The committee will discuss ways of expanding joint investments.

ÊÊÊ Reports say that Jordanian investments in Egypt cover 236 projects. The committee will discuss expanding cooperation in the field of electric linkage, contracts, medicines, education and labor.