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19:32, 19 February 2017 Sunday
Update: 16:22, 12 September 2011 Monday

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Turkish-Egyptian Business Council requests earlier trade liberalization
Turkish-Egyptian Business Council requests earlier trade liberalization

Mansfield requested that Egypt give three-five year visa to Turkish businessmen.

The head of Turkish-Egyptian Business Council said on Monday that business circles and government representatives of the two countries would meet for the first time after Egypt's revolution during Turkish prime minister's scheduled visit to this country.

Zuhal Mansfield underlined importance of this first meeting, and said Erdogan's tour of "Arab Spring" countries would boost trade in the East Mediterranean, which had almost stopped due to recent incidents.

"Egypt has always been important for Turkish private sector," Mansfield told AA correspondent.

Mansfield defined Egypt with a door opening to Arab geography with a 300 million population, and to Africa with a 900 million population, and said the revolution in Egypt would relegate to the pages of history as the least problematic intervention as Egypt had a political culture.

Turkish-Egyptian trade volume has reached 3.7 billion USD. 250 Turkish companies have 1.5 billion USD of investments in Egypt.

Mansfield said foreigners continued to invest in Egypt, thanks to foreign capital reforms of this country and the country's free trade agreements, quiz agreement between Egypt and the United States, and NAFTA agreement.

"Maintaining political and commercial cooperation between Turkey and Egypt will contribute to the development of not only the two countries but also the entire region," Mansfield said.

Mansfield requested Turkey and Egypt to ensure trade liberalization of all products within the framework of a free trade agreement in 2015, instead of 2020, which she thought would speed up commercial relations.

Also, Mansfield requested that Egypt give three-five year visa to Turkish businessmen.

Later on Monday, Turkish Prime Minister Recep Tayyip Erdogan is set to leave for Cairo, the first stop of his four-day tour of Egypt, Tunisia and Libya from September 12 to 15.

The visit aims at extending Turkey's support to the friendly countries which have recently undertaken transition process.

In Cairo, Prime Minister Erdogan will meet Prime Minister Essam Abdel Aziz Sharaf and Minister of Defense Mohamed Hussein Tantawi.

Erdogan and his Egyptian counterpart are set to sign a Joint Political Statement about establishment of a High-Level Strategic Cooperation Council. They also sign a series of cooperation deals in economy, trade, education; culture, sports, press and public administration.

The premier will hold talks with Arab League Secretary-General Nabil al-Araby after delivering a speech at the Arab League Foreign Ministers' Council Meeting.

AA

 



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Press agenda on February 19
Press agenda on February 19

Here are the main topics World Bulletin’s English Desk plans to cover Sunday Feb. 19, 2017 (coverage may change depending on developing/breaking stories): BAGHDAD Iraqi forces launch an offensive on jihadists defending Mosul's west bank, in what could be the most brutal fighting yet in a four-month-old operation on the city. 700 words 0530 GMT by Ammar Karim and Jean-Marc Mojon US-militant-Egypt-prison,2ndlead WASHINGTON The sheikh Omar Abdel Rahman, an Egyptian-born cleric linked to the 1993 World Trade Center bombing, dies at 78 in a US prison facility after a long battle with diabetes and coronary artery disease. 650 words moved by Maggy Donaldson. File Picture Ukraine-Russia-conflict,WRAP MOSCOW A truce between government forces and pro-Russian rebels in eastern Ukraine will come into force Monday, Moscow and Kiev say, though some separatists are already labelling it unfeasible. 500 words moved by Anais Llobet Entertainment-film-festival-Germany,WRAP BERLIN Hungary's "On Body and Soul", a love story set in a slaughterhouse, wins the Golden Bear top prize at the Berlin film festival, Europe's first major cinema showcase of the year. 700 words moved by Deborah Cole. Picture. Video Also moved: Entertainment-film-festival-Germany-prizes,FACTS Entertainment-film-festival-Germany,POINTS Entertainment-film-festival-Germany-winners,CHRONO -- ASIA -- NKorea-Malaysia-diplomacy-community,SCENE KUALA LUMPUR Malaysia's only North Korean restaurant promises a glimpse into life in the reclusive state but it has been shuttered since news broke of the assassination of leader Kim Jong-Un's brother, with security guards turning customers away. 650 words 0600 GMT by Elizabeth Law. Picture. Video -- AMERICAS -- US-politics-Trump-Melania,lead MELBOURNE, Florida First Lady Melania Trump, usually a demure and soft-spoken presence at her husband's side, breaks with form, reciting the Lord's Prayer before issuing a scathing rebuke of his enemies and her critics at a campaign-style stop in Florida. 600 words moved by Michael Mathes with Stephanie Griffith in Washington. Picture. Video. US-media-politics-technology WASHINGTON As President Donald Trump warns of a crackdown on US government leaks to media, interest is growing in technology tools that allow sources to share information anonymously. 750 words moved by Rob Lever Venezuela-politics-opposition-US CARACAS Venezuela and the United States lock horns again over political prisoners held by Caracas, including over the detention of a jailed opposition leader whose supporters took to the streets of the capital to demand his release.