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Egypt's Sisi, Bulgaria's Borissov discuss trade, form bilateral business forum

Marina Barsoum, Tuesday 23 Oct 2018
Egypt - Bulgaria
Egyptian President Abdel Fattah El-Sisi held a press conference with Bulgarian Prime Minister in Cairo's Ittihadeya Palace (Photo: Courtesy of Egyptian Presidency Spokesperson)
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Egyptian President Abdel-Fattah El-Sisi and Bulgarian Prime Minister Boyko Borissov have agreed to form a bilateral business forum and a joint committee to boost cooperation between the two countries, El-Sisi’s spokesman said on Tuesday.

In a press conference held by El-Sisi and Borissov on Tuesday, the Bulgarian prime minister said that the Egyptian president is exerting all efforts to make his country safe, Egyptian presidential spokesman Bassam Rady said.

Borissov expressed his aspirations for the return of tourism to Egypt soon.

He also mentioned the efforts exerted by Egypt to protect the rights and values of Christian minorities.

In meetings, El-Sisi and Borissov discussed opportunities for boosting investments.

The two sides agreed to form a joint committee headed by the two countries’ foreign ministers. They have also agreed to form the Bulgarian-Egyptian Business Forum, given that trade between the two countries amounts to a total of 1 billion euros a year.

The two heads of state also discussed a number of issues related to the regional situation as well as ways of reaching political solutions to the crises in the region.

"They agreed to intensify political consultation and coordination between the two countries in light of the increasing terror challenges in the region, Europe and the Balkans," Rady’s statement read.

El-Sisi stressed the importance of intensive efforts by the international community to address terrorism, through a comprehensive approach that includes the military, economic and social dimensions.

The two officials also discussed issues related to illegal immigration.

Borissov and his delegation left Cairo after the meetings on Tuesday.

 

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