Economy

Egypt PM to visit Uganda, Ethiopia

PTI Cairo | Updated on May 11, 2011 Published on May 11, 2011

The Egyptian Prime Minister, Mr Essam Sharaf, will today begin a tour of Uganda and Ethiopia to explore the means of maximum use of the water of Nile via cooperation in agricultural and industrial domains.

His tour also aims at expanding economic, commercial as well as investment cooperation between Egypt, Uganda and Ethiopia.

The premier had earlier said that dialogue and negotiations were the only means for reaching a balanced formula for a framework agreement among the Nile Basin countries that could serve the interests of all parties concerned.

He said the government would continue backing the establishment of Egyptian investments in Africa in general and the Nile Basin countries in particular.

On Thursday, Mr Sharaf will go to Addis Ababa to discuss with the Ethiopian Prime Minister and senior officials means of joint cooperation in various fields, as well as encouraging businessmen in both countries to carry joint investment projects.

He will also meet with the Ethiopian President, Mr Wolde Giorgis.

During his two-day stay, Mr Sharaf will attend the signing of a cooperation agreement between Egyptian and Ethiopian chambers of commerce to increase trade and investment.

He will be accompanied by an Egyptian delegation including the Foreign Minister, Mr Nabil el-Arabi, the Electricity Minister, Mr Hassan Younis, the Planning and International Cooperation Minister, Mr Faiza Abu Naga, and the head of the General Authority for Investment, Mr Osama Saleh.

Published on May 11, 2011
This article is closed for comments.
Please Email the Editor