Egypt and Zimbabwe to discuss agreement to encourage investment

The commercial negotiations between Egypt and Zimbabwe will start in Cairo on August 31 to discuss an agreement to encourage and protect investment between the two countries and enhance economic cooperation between them.

The Egyptian delegation will be headed during these three-day negotiations Ali Soliman, the first undersecretary of the International Cooperation Ministry for African affairs.

The commercial balance between the two countries achieved a surplus in favor of Zimbabwe, as the value of Egyptian exports to Zimbabwe reached $171,000 and Zimbabwe's exports to Egypt were valued at $1.6 million.