France and Egypt are decided to sign 30 agreements during French President Francois Hollande’s visit to Egypt next week, according to France’s ambassador to Cairo Andre Parant.
Parant added that agreements might change as negotiations on some of the agreements are still ongoing.
It is expected as well the two presidents will sign 10 economic memoranda of understanding (MOUs). During a meeting at the embassy with a number of journalists, Parant noted that 60 French businessmen will accompany the president as well as two or three French ministers.
He noted that France ranks sixth among countries importing to Egypt, adding “The trade exchange between Egypt and France currently amounts to € 2.5bn annually.”
