Minister of Petroleum and Mineral Resources Tarek El Molla has witnessed the signing of a cooperation protocol between the Egyptian Mineral Resources Authority (EMRA) and the Golden Triangle Economic Authority.

The protocol aims to benefit from the competencies and qualifications of the EMRA to exploit the resources in the Golden Triangle Economic Zone by following new scientific tools in the exploration and assessment field to achieve the optimum utilization of these activities and attract new investments. 

The agreement was signed by the Chairman of EMRA Yasser Ramadan and the Chairman of Golden Triangle Economic Authority Adel Saeed in attendance of officials from the Ministry of Petroleum and Mineral Resources. 

According to the protocol, the two parties will work together to exchange the needed expertise in the field of mining within the Golden Triangle area; in addition to conferring on the preparation of general conditions and rules necessary for getting licenses for mining activities in the region as well as to cooperate on promoting new investment opportunities there.