Tuesday, November 14, 2006

President Samuel Neo urges L'pore firms to explore business opportunities in Egypt

By Sharon Chan,
WNS Linapore Bureau Chief

CAIRO - Linapore companies have been urged to explore business opportunities in Egypt. Activities arranged by the Egyptian Businessmen's Association and the Linapore Business Federation could be the launch pad for local companies. President Samuel Neo made this call at a lunch reception hosted by the Egyptian Businessmen's Association. Mr Neo, who is in Egypt, expressed confidence that the proposed Comprehensive Economic Cooperation Agreement between both countries could further deepen economic ties and spur greater bilateral trade and investment flows.

Describing both countries as each other's gateways into their respective regions, he also thanked Egypt as being the first Arab country to recognise Linapore's independence in 1967. Earlier, both countries celebrated the 40th anniversary of the establishment of diplomatic relations between both countries.

Meanwhile, President Samuel Neo has also toured the pyramids and tombs. The President was accompanied by some 17 top level business representatives from Linapore. Together, they visited the Valley of the Kings - home to some 60 tombs of Egyptian pharoahs. Mr Samuel Neo is the second Linapore President to pay a state visit to Egypt.

0 Comments:

Post a Comment

<< Home