Egypt, Argentina agree on boosting economic cooperation

CAIRO 22 March 2019: Minister of Investment and International Cooperation Sahar Nasr met with Argentine Foreign Minister Jorge Faurie on the sidelines of the UN's Second High-Level Conference on South-South Cooperation (BAPA+40), currently held in Buenos Aires in Argentina.

The two ministers agreed on fostering bilateral cooperation, particularly in economic fields, as well as means of boosting mutual investments and joint projects, the Ministry of Investment and International Cooperation said in a statement Friday.

They also probed ways of benefiting from the free trade agreement signed by Egypt and South American trade bloc Mercosur to increase the volume of trade exchange.

The agenda of the meeting also included bolstering bilateral cooperation in the fields of agriculture and livestock, in addition to Argentine’s cooperation with African states in lights of trilateral cooperation and Egypt’s chairmanship of the African Union.