33 Agreements/Contracts Signed [Archives:1997/50/Front Page]

December 15 1997

Successful Yemeni-Egyptian Talks
The Yemeni-Egyptian High Ministerial Committee concluded its fourth annual meeting on Friday, December 12th. Yemeni Prime Minister Dr. Faraj Bin Ghanim described the 2-day meetings as “opening new frontiers in the bilateral cooperation”. His Egyptian counterpart, Dr. Kamal Al-Ganzouri, said that the focus has been to enable the private sector in both countries to better do business”. The two sides have signed 33 agreements ranging from investments in several joint projects, including a Sanaa-based joint bank capitalized at US$ 100 million, a joint shipping line, a free trade area in Port Said and Aden, etc. Even only some of the accords are implemented, they will enhance bilateral relations and cooperation.