Israel and Egypt have signed agreement to set up a joint company to export agricultural products to Europe and the United States.
As a result of the agreement signed this week during a visit to Israel by a delegation of Egyptian businessmen, a shipping terminal for the agricultural consortium will be set up in Cairo.
Israel’s Agriculture Ministry said in a statement that the joint venture would involve Agrexco, the agency that markets Israeli agricultural goods abroad; a group of Egyptian exporters; Egypt Air; and several banks that will finance the project.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
