Egyptian companies compete to win Iraqi deals

A group of Egyptian companies producing foodstuffs intends to bid for deals that Iraq has recently announced valued at $5.2 billion US.

The department of trade representation affiliated to the Egyptian Ministry of Trade said the Iraqi specifications for the agricultural sector have amounted to $274 million.

Meanwhile, the Helwan Diesel Engine Co. (Helwan L-Mohrekat El-Disel) presented an offer to export 1,650 electric generators to the Iraqi Agriculture Ministry.

This comes within the framework of the Egyptian - Iraqi reconciliation plan within the oil-for-food program and Baghdad's desire for the Arab states to win the largest part of this agreement.