The Outer

The Romanian Ambassador to Cairo praises the decisions of the Council of Ministers that stimulated the economy and national development

By Manal Abdel Fattah

Ambassador Olivia Toderan, Romanian Ambassador to Cairo, met with Minister Rania Al-Mashat, Minister of International Cooperation, to discuss common priorities on the bilateral agenda.

According to a statement issued by the Romanian Embassy in Cairo, the meeting focused on the preparations for a new session of the Joint Economic Committee, which will be organized in the Romanian capital, Bucharest, where the recent positive developments in attracting mutual investments were reviewed, paving the way for holding an important business forum on the sidelines of the committee.

The Ambassador of Romania congratulated the Minister on the impressive achievements of her mandate, as well as the Council of Ministers led by the Prime Minister on the important macroeconomic decisions taken to stimulate national development.
Dr. Rania Al-Mashat, Minister of International Cooperation, received Ambassador Olivia Toderan, the new Ambassador of the Republic of Romania in Cairo, within the framework of the role played by the Ministry of International Cooperation, to strengthen economic relations with multilateral and bilateral development partners, where joint work files were identified and strengthening was discussed. Ways of cooperation during the coming period.
At the beginning of the meeting, the Minister of International Cooperation welcomed the Ambassador of the new Republic of Romania to Cairo, praising the distinguished economic and trade relations between the two countries, as both Egypt and Romania have close historical relations that exceed one hundred years.
During the meeting, the two sides discussed preparations for holding the meetings of the fourth session of the Egyptian-Romanian Joint Committee, headed by the Ministry of International Cooperation on the Egyptian side, and the Ministry of Economy on the Romanian side, at the end of next April, as these meetings aim to push economic, commercial and tourism cooperation relations to broader horizons and achieve tangible achievements on the ground. On the ground, which benefits the peoples of both countries.
The committee’s agenda is scheduled to include a focus on specific areas that were chosen after an extensive study of the relative advantages of each of the two countries, and the needs and priorities of the Egyptian side, in order to ensure that the two parties achieve maximum benefit from holding these meetings, such as trade, investment, electricity and energy, agriculture, health, and education. , medical tourism, communications and information technology, civil aviation, defense industries, international development cooperation, in addition to examining ways and mechanisms to enhance the volume of trade exchange between the two countries.
The Minister of International Cooperation pointed out the importance of holding a forum for businessmen from both countries and representatives of Romanian and Egyptian companies to learn about the investment opportunities available in both countries, as well as the advantages of investing in Egypt, to attract more Romanian investments to Egypt, within the framework of ensuring that the private sector has the opportunity to The role assigned to it in implementing the state’s development plan and accessing promising markets.
It is worth noting that the Ministry of International Cooperation supervises 68 committees between the Arab Republic of Egypt and countries from various continents of the world, including 8 Asian committees, 30 European committees, 14 committees with Arab countries, 9 African committees, in addition to 7 committees with Latin American countries.
The joint committees are an important mechanism for activating and developing bilateral cooperation relations, benefiting from experiences between countries in various fields, and strengthening common positions. It is agreed to establish joint committees through concluding framework agreements for economic, scientific and technical cooperation between Egypt and any of the other countries, and through the various sessions of the committees. Shared capabilities are identified and how to benefit from them and facilitate economic, trade and investment cooperation.

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