FINANCIAL NEWS

Egypt boosts relations with BRICS nations

18 Aug 2016

(MENAFN) Egypt and India proclaimed their intention to enhance mutual ties and to seek new collaboration chances, as Egypt plans to expand its relations in S. Asia, Africa and S. America.

Moreover, India is recently supporting the government objective of increasing renewable energy use to 20 percent and also assists in textile training centers.

In addition, Egypt was known for the opening and support of vocational training centers, which offer industrial, agricultural, information technology and business skill training.

On the other hand, China announced the signing of 15 new projects, basically in sectors like electricity, transportation and infrastructure, which amounts of USD15bn.

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