Egypt, Germany probe fostering agricultural cooperation

CAIRO - 20 January 2018: Minister of Agriculture and Land Reclamation Abdel Moneim el-Banna said on Saturday that Egypt’s political leadership and government are keen to encourage investment, particularly in the agricultural field.

Banna made the remarks during a meeting with his German counterpart Christian Schmidt.

A new investment law has been issued in Egypt, providing several incentives that attract investors and maintain stability, the Ministry of Agriculture said in a Saturday statement, quoting the Egyptian minister as saying during the meeting.

Meanwhile, Banna asserted his keenness to boost agricultural cooperation between Cairo and Berlin, stressing that the two countries have strong cooperation ties.

He urged that such cooperation would involve exchanging expertise in the field of agricultural scientific research.

Banna also underscored the importance of providing relevant training courses and scholarships for Egyptian researchers and students in order to transform modern technology to agriculture in the country.