The two officials discussed joint cooperation in the near future and developments regarding ongoing programs. According to Mashat, the meeting discussed projects implemented under the first phase of the program at a value of 70 million euros. It also discussed projects agreed upon during the first and second tranches of the second phase at 90 million euros, in the fields of technical and vocational education, sanitation, water resources, electricity and recruitment. The two officials agreed to hold regular meetings to follow up all developments regarding Egyptian-German cooperation, including ongoing projects and the Egyptian-German debt swap program. It touched upon procedures related to signing letters on an initiative to support the private sector, through a three million euro grant towards the Ministry of Trade and Industry.

Source: Egypt Independent November 30, 2020 09:45 UTC