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Links with Egypt strengthened



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MEDIA RELEASE MINISTER FOR FOREIGN AFFAIRS ALEXANDER DOWNER

FASO 15 June, 1998

LINKS WITH EGYPT STRENGTHENED

During my visit to Egypt from 12 to 15 June 1998 - my first trip to the Middle East as Minister for Foreign Affairs - I signed two Memoranda of Understanding, one on Mutual Cooperation on Trade Promotion and one on Consultations.

Australia attaches great importance to its relationship with Egypt and particularly to the trade relationship. Traditionally, our trade relations with Egypt have been built on wheat, Egypt being one of our biggest customers. We are making efforts to encourage a deeper and more varied range of commercial links with Egypt.

Under the Memorandum of Understanding on trade promotion which I signed with the Egyptian Minister for Trade and Supply, Dr Goweili, both sides will seek to identify areas for mutual cooperation, and will regularly exchange trade information and disseminate to the business sectors of both countries information on goods and services of Australia and the Arab Republic of Egypt.

The Memorandum of Understanding on Consultations, which I signed with the Egyptian Minister for Foreign Affairs, Mr Amre Moussa, will be a way to develop further cooperation and mutual understanding between the two countries. The Memorandum of Understanding provides for the holding of consultations alternatively in Australia and Egypt on topics covering political, economic, commercial, scientific, technical and cultural cooperation. The two countries will review together all aspects of their bilateral relations, and undertake exchanges of views on bilateral relations and on international issues of mutual interest.

CAIRO

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