Yosef Shabo has been named the new Israeli Economic Attache to Egypt; it was learned in Jerusalem Sunday. His appointment comes after several years in which no such diplomat served in Cairo. The purpose of sending the attache is said to be an effort to strengthen economic relations between the two countries, which have been at a low recently.
Sources in Jerusalem contend that Egypt indicated the time has come for strengthening those ties. With the exception of Israeli tourism to Egypt, other economic ties are marginal. Since the Ras Burka massacre last October, there has been a sharp decline in the number of Israeli tourists to Egypt. There are almost no Egyptian tourists coming to Israel.
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