Egyptian - Iranian transaction worth $100 million

Egypt and Iran agreed yesterday on implementing an equal transaction of $100 million to be increased during the coming three years.

Egyptian businessmen Morsi Adham signed the transactions with the Iranian exports organization, and he is to implement the first Egyptian - Iranian fairs during the coming October and April.

The export Iranian list to Egypt includes 57 goods in comparison to 45 Egyptian goods for export to Iran.

Adham said the two countries agreed on exchanging experts in all fields to implement the transaction.