Palestinian-Egyptian talks to increase trade exchange, establish joint investments

CAIRO, Minister of National Economy Khaled al-Esseily held talks today with Egyptian officials in the fields of investment, industry and trade to boost trade exchange between the two countries and support the Palestinian government’s vision of gradual disengagement from the Israeli economy.

The two sides discussed the possibility of signing agreements on mutual recognition in relation to conformity assessment, certificates and quality markings, in order to facilitate, increase and develop trade between the two countries.

They also tackled the possibility of reaching an agreement for the establishment and development of industrial zones and industrial technological zones.

The talks dealt with means of enhancing economic, trade and technical cooperation to increase trade exchange of agricultural, industrial, animal products and natural resources of local origin, and to provide all possible facilities to support the import and export movement between the two countries.

They also highlighted the importance of continuing the implementation of Resolution No. 200 of the Arab Summit held in Cairo in 2000 to facilitate the entry of Palestinian products and exempt them from paying customs and taxes.

They stressed the importance of establishing the joint Egyptian-Palestinian economic committee, activating the joint business council and exchanging businessmen missions to meet their counterparts in both countries.

Source: Palestinian News & Info Agency