Egypt, Romania Sign 4 MoUs

Egypt, Romania Sign 4 MoUs

Egypt and Romania signed an economic-scientific protocol and four Memoranda of Understanding (MoU) to address energy, agricultural and economic issues, reports Egypt Oil & Gas.

These MoUs include a MoU between the Egyptian Ministry of Investments and International Cooperation and the Romanian Ministry for Economy, Trade, Industry and the Business Environment and three others that deal with agriculture, small and medium projects, and water resources.

The countries agreed to the MoUs during the second round of the Egyptian-Romanian Joint Ministerial Committee for Economic and Scientific Cooperation, chaired by Egyptian Minister of Investment and International Cooperation, Sahar Nasr, and held in Bucharest, Romania.

The Port of Alexandria also signed a MoU with the Port of Constanta during the meetings.

Egypt’s delegation to Romania includes Egyptian Ambassador to Romania, Salah Abdel Sadeq, along with representatives from the ministry of investment, the ministry of external affairs, the ministry of petroleum, the ministry of health, the ministry of agriculture, the ministry of electricity, the ministry of tourism, the ministry of communication, the ministry of transport, the ministry of higher education, the ministry of trade and industry, and the ministry of irrigation.

The committee aims to enhance cooperation between the two countries. Nasr noted that this was the first meeting of the committed since 2010 and emphasized the importance of regular meetings to the relationship between Egypt and Romania. Egypt is eager to attract Romanian investments and is considering integrating Romanian projects into the Suez Canal Development Project. Nasr pointed out that Romania has experience in many fields, such as railways and river transportation.

The two countries just celebrated the 100th anniversary of their diplomatic relationship in April 2017. Over the years, Egypt and Romania have enjoyed a stable relationship and have held compatible views on regional and international issues.

Sarah Samir 3376 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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