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15 January 2017, 15:48

Belarus, Egypt to advance each other's foreign trade interests in economic unions

CAIRO, 15 January (BelTA) – Belarus and Egypt have agreed to advance each other's foreign trade interests in the economic unions the countries belong to, BelTA learned from the joint declaration signed by Belarus President Alexander Lukashenko and Egypt President Abdel Fattah el-Sisi after negotiations on 15 January.

Taking into account the overall drive towards stronger Belarusian-Egyptian relations, the sides have decided to take mutually beneficial cooperation to the next level. In particular, the countries have agreed to work together on signing the agreement on free trade between the Eurasian Economic Union and its member states as one party and Egypt as the other party.

Belarus and Egypt will mutually support each other in advancing their foreign trade interests in the economic associations, of which the two countries are members.

The heads of state have come to an agreement that economic cooperation is the driving force behind Belarusian-Egyptian relations. This is why the sides are ready to step up trade in competitive products, provided market rules are observed. The sides are also ready to mutually simplify bilateral trade terms in a bid to increase the trade volume in a balanced manner.

Apart from that, Egypt approves of Belarus' intention to get the observer status in the Organization of Islamic Cooperation.

Belarus president arrives in Egypt on official visitBelarus president arrives in Egypt on official visit
Today Alexander Lukashenko is expected to meet with Egypt President Abdel Fattah el-Sisi. Restricted-attendance negotiations will be followed by expanded-participation talks. A number of bilateral documents to advance Belarus-Egypt cooperation in various spheres are expected to be signed as a result of the talks.

Presidents of Belarus, Egypt negotiating in CairoPresidents of Belarus, Egypt negotiating in Cairo
An official ceremony to welcome the Belarus President took place before the talks started. National anthems of the two countries were performed and a guard of honor was arranged. The negotiations began as one-on-one talks.

Belarus, Egypt to step up cooperation in security, personnel trainingBelarus, Egypt to step up cooperation in security, personnel training
The sides confirmed the need to step up cooperation in the fight against terrorism and terrorist organizations, transnational organized crime, illegal trade in narcotic substances, illegal migration, and trafficking in persons.

Belarus, Egypt sign ten documents to advance cooperation in various spheresBelarus, Egypt sign ten documents to advance cooperation in various spheres
The sides signed a memorandum of understanding between the culture ministries, a memorandum on cooperation in agriculture, a memorandum of understanding in military and technical cooperation, a memorandum of understanding and cooperation in the protection and rational use of water resources, and other documents.

Lukashenko emphasizes importance of advancing Belarus-Egypt partnershipLukashenko emphasizes importance of advancing Belarus-Egypt partnership
Alexander Lukashenko said: “We attach a lot of importance to the advancement of mutually beneficial partnering relations with Egypt."

Roadmap to advance Belarus-Egypt cooperation across the boardRoadmap to advance Belarus-Egypt cooperation across the board
Alexander Lukashenko said: “The president and I have agreed that members of the Belarus-Egypt intergovernmental commission will gather in Minsk soon in order to work out an action plan, a roadmap for the future. "

Egypt ready to build up cooperation with BelarusEgypt ready to build up cooperation with Belarus
Abdel Fattah el-Sisi said: “I would like to mention the high level of cooperation between our countries. In addition to maintaining it we would like to make it stronger for the sake of the two countries.”

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