The Joint Bank will boost the business.

-- We consider that our visit to Belarus is a very valuable one, especially the meetings with President Alexander Lukashenko and Prime Minister Sergey Ling, -- have said Sir Ibragim Kyamel, the Head of the KATO AROMATIC GROUP Holding Company's Directors' Board at the time of signing the Agreement with Belarus Republic's Ministry of Foreign Affairs. The goods' trade volume will reach 200 (two-zero-zero) millions of US Dollars in the next year, the first big contracts will be signed this year.

This important Agreement was signed by Belarus Minister of Foreign Affairs Ural Latypov and the Head of Egypt's business people's delegation. It was stated at the press conference that the economics of these two countries are becoming more supplementary. A decision to create the Joint Bank was made in order to achieve considerable growth of goods' trade between Belarus and Egypt. The Bank will facilitate and speed up the fulfilment of all business activities.

At the same time, cooperation will include the use of Belarus heavy machinery in Egypt and other countries of Middle East and Africa. The Guests have expressed their high opinion about technical properties and quality of Belarus goods. The Egypt's business people are sure that the professional marketing will made a decent presentation of Belarus goods in their region.

Georgy Lukavets.
Russian to English translation
CopyRight (C) 1998/12/21 Dmitry Salnikov,
http://www.gis.minsk.by/salnikov/index.htm