Mubarak, King Mohammed co-chair higher joint committee saturday

The Higher Joint Egyptian-Moroccan Committee will meet on Saturday under the co- chairmanship of President Hosni Mubarak and King Mohammed VI of Morocco. The two sides will examine during the meeting setting up three projects and a joint bank.

Meetings will be held on Wednesday and Thursday under the co-chairmanship of Assistant Foreign Minister Mahmoud Mubarak and his Moroccan counterpart Mohamed Zeloli to prepare for the Higher Joint Committee meetings.

Chairman of the Egyptian-Moroccan Chamber of Commerce, Ibrahim Abu Emira said that the three projects are a $ 50 million project to produce pipes at 10th of Ramadan City, a $ 50 million navigation project and a $ 50 million project of maritime installations.

The Egyptian-Moroccan Chamber of Commerce has prepared a memo to be referred to the Higher Committee meetings on setting up trade centres and cancelling entry visas for businessman from both countries.