(MENAFN - Daily News Egypt) Minister of Industry and Trade Tarek Kabil said that Egyptian exports to Lebanon increased by 65% during 2016 compared to 2015, adding that a lot of different fields benefited from the increase. Construction materials manufacturers benefitted most from the hike in exports, as their exports increased by 225% to record EGP 277m. Regarding investment relations between both countries, Zaiter said that Egypt is one of the most important markets in the Middle East. He stated that Lebanon ranked 13th in the list of countries with the highest investments in the Egyptian market. Zaiter believes that there are a lot of promising chances for cooperation between Lebanon and Egypt, especially in agriculture.

Source: Daily News Egypt January 11, 2017 06:52 UTC