ARMINFO News Agency, Armenia Saturday Nasr: Egypt is interested in deepening cooperation with Armenia in trade, economic and investment spheres Yerevan September 30 Mariana Mkrtchyan. Armenian President Serzh Sargsyan received the Egyptian delegation led by the Minister of Investment and International Cooperation Sahar Nasr, who arrived in Armenia to participate in the work of the 5th Armenian-Egyptian intergovernmental commission. As the press service of the Armenian leader told ArmInfo, Sargsyan stressed that the Armenian-Egyptian centuries-old relations are based on friendship and mutual trust, on which, after the establishment of diplomatic relations, interstate relations were built. The Egyptian minister noted that Egypt is interested in deepening cooperation with friendly Armenia in the trade, economic and investment spheres. At the same time, she stressed the importance of involving the private sector in this process. The Minister stressed that within the framework of the intergovernmental commission an agreement was reached to develop a working program according to which the agreements reached will be implemented. The Armenian-Egyptian intergovernmental commission was established in 1996. The next meeting is held at intervals of 12 years, since the last - the 4th meeting was held in 2005 and for many years due to geopolitical developments and unfavorable political conditions in Egypt, the work of the inter- governmental commission was interrupted. At the 25th year of establishment of diplomatic relations, Yerevan and Cairo can not boast of high volumes of trade turnover - within the last 10-12 years the volume of trade turnover between the countries did not exceed $ 1-3 million. The prospective spheres of expansion of economic cooperation between Armenia and Egypt, are, tourism, agriculture, construction, IT. Following the results of the 5th meeting, Armenia and Egypt signed a number of memorandums and agreements in the field of trade and investment, youth and sports, education and science as well as archives.