ID :
122636
Mon, 05/17/2010 - 20:43
Auther :

VISA EXEMPTION BETWEEN TURKEY & EGYPT JOINT DESIRE, EGYPTIAN AMBASSADOR

ADANA (A.A) - 17.05.2010 - Egypt's Ambassador in Ankara Abderahman Salaheldin said Monday visa exemption between Turkey and Egypt was the joint desire of both sides.
Speaking at a summit held on doing business in Egypt in southern province of Adana, Salaheldin said that commercial relations between Islamic countries should grow further.
Economic relations will bring the peoples closer to each other, Ambassador Salaheldin said.
Turkish exports to Europe declined in the past two years. However, Turkish exports to Egypt increased in the past two years. Turkish entrepreneurs have investments worth over one billion USD in Egypt. Turkish investments in Egypt are not there merely due to low labor costs. Turkish investors feel at home while doing business in Egypt, Salaheldin said.
We are considering issuing visas of 3 years up to 5 years for Turkish businessmen in the near future, Salaheldin also said.
Turkish-Egyptian trade volume is currently around three billion USD.

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