Turkey, Egypt to cancel visa regime

Business Materials 21 October 2011 13:53 (UTC +04:00)

Azerbaijan, Baku, Oct.21/ Trend, A. Taghiyeva /

Turkey and Egypt will cancel visa regime in the near future, Egyptian Trade and Industry Minister Mahmoud El Rahman Eisa, who is on visit to Turkey, told journalists yesterday, Haberler newspaper reported on Friday.

"This will create favorable conditions for both countries' investors," Mahmoud Eisa said.

During the visit, the two countries reached an agreement on cooperation in the field of agriculture.

The sides also agreed on strengthening cooperation in the field of economy.

Mahmoud Eisa also stressed the role of Turkish investors to help Egypt to restore the economy after a period of stagnation.