Delegation of Turkish businessmen to visit Egypt

A Turkish commercial economic delegation that comprises 110 businessmen, investors and high-ranking officials in several ministries will visit Egypt during the period from October 16 - 19 to discuss aspects of joint cooperation between the two countries.

Sources in the Egyptian commercial representation said today that the total volume of trade between Turkey and Egypt increased last year to reach $700 million, including $394.4 million in Egyptian exports, after the trade volume was only $233 million in 1996, including $59 million in Egyptian exports.

The sources pointed to their desire to increase the volume of trade between the two countries in the next two years to reach $1 billion due to increased exchange between the two sides, adding that should Egypt provide Turkey with natural gas, the trade volume will reach $2 billion.