The Egyptian - Spanish committee meet to sign new agreements

The common Egyptian-Spanish committee will meet soon to sign financial agreements worth about $300 million.

Spain agreed on establishing a model station for an olive plantation in Egypt financed by Spain and now steps are being taken to implement the project. Contacts are also being established to discuss the possibility of holding an international conference of olive oil in Cairo.

Arrangements were recently concluded with a Spanish businessmen's union for the visit of a Spanish delegation of importers and investors that aims to increase Egyptian exports and study establishing common projects between the two countries.