Increasing the commercial exchange between Egypt and Kuwait

The Egyptian ambassador in Kuwait, Mostafa Abu Shanif, said today that the coming period will view the final signing of the free trade agreement between Egypt and Kuwait, which will increase the commercial exchange through increasing customs exemptions and facilitate travel and other procedures that help ensure "fruitful cooperation in all fields".

Abu Shanif said that the Egyptian presence in Kuwait has become obvious and tangible for encouraging Kuwaiti investments in Egypt. He added that the value of operations implemented by Egyptian business sector companies within Kuwait's post-war construction reached $800 million.