Cairo – Mubasher: Egypt and Bulgaria have signed a memorandum of understanding (MoU) to cement industrial collaboration between the two countries.
The MoU has been signed by Egyptian prime minister Mostafa Madbouli and Bulgarian president Rumen Radev who is currently visiting Egypt.
Upon the agreement, both countries aim to exchange expertise in the industrial field, implement training programmes, and attract industrial investments, Egyptian trade minister Amr Nassar said in a statement.
The MoU also stipulates coordination in offering new mechanisms to attract further foreign direct investment (FDI), as well as collaboration in the fields of cutting-edge technologies, electronics, engineering, food industries, machines and equipment, and chemical industries, Nassar added.
