Business

Minister denies intentions to cancel free trade agreement with Turkey

Trade and Industry Minister Mounir Fakhry Abdel Nour has said that Egypt respects its treaties with other countries, denying intentions to cancel the free trade agreement with Turkey.
 
During a press conference on Tuesday at Federation of Egyptian Industries, Abdel Nour said that the Ro-Ro navigational route agreement, signed between Turkey and Egypt is a separate agreement that could be renewed or breached according to the contract.
 
He added that the contract was over on 24 September and Egypt informed Turkey that it will not renew it.
 
 
Edited translation from MENA

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