EGYPT TO PARTICIPATE IN YEREVAN AGRICULTURAL FORUM IN SEPTEMBER

Noyan Tapan
Jun 26 2006

YEREVAN, JUNE 26, NOYAN TAPAN. During the June 26 meeting, the
RA Minister of Territorial Administration, Co-Chairman of the
Armenian-Egyptian Intergovernmental Commission Hovik Abrahamian and
Egypt’s Deputy Foreign Minister Fatma Zahra pointed out the high
level of political relations between Armenia and Egypt, noting at the
same time the necessity to take active steps for further development
of trade and economic cooperation, for which both countries have a
substantial potential.

Stating a satisfaction at the results of the 4th joint sitting of
the Armenian-Egyptian intergovernmental commission which took place
during the official visit of the RA Prime Minister Andranik Margarian
in December of last year, the interlocutors expressed confidence that
the commission’s decisions will be consistently put in practice.

H. Abrahamian and F. Zahra noted once again that the most promising
sectors of bilateral cooperation are information technologies,
agriculture, energy, public health (particularly, pharmaceutics),
tourism, as well as spheres related to scientific-cultural and youth
issues. Units composed of businessmen to coordinate and implement
mutually beneficial projects have already been set up in the chambers
of commerce and industry of the two countries.

H. Abrahamian said that Armenia is interested in speeding up the
establishment of joint production of insulin in Armenia under the
agreement reached with the Vaxero pharmaceutical company (Egypt)
during the RA Prime Minister’s visit to Egypt.

According to the RA Government Information and PR Department, F. Zahra
stated that the Egyptian side will participate in the agricultural
forum to be held in Yerevan in September of this year.