France provides financing for Egyptian infrastructure projects

Egyptian Minister of Trade and Supply Ahmed Goweili signed yesterday with his French counterpart, Jacques Dondoux, an agreement on food aid for 1998, according to which France grants 30,000 tons of wheat to Egypt. Egyptian Minister of State for Planning and International Cooperation Zafer El-Beshri also signed with Dondoux a protocol providing French financing worth 260 million for drainage projects French francs with easy terms.

Goweili added that the new agreement comes in continuation of the new economic cooperation between the two countries and reflects the ties between them.