Egypt, Romania to exchange expertise on SMEs

Egypt and Romania will form a working group for bilateral cooperation in the micro, SMEs field, Minister of Industry and Trade Tarek Kabil announced Monday in a statement.

“The group of experts will work on exchanging know-hows and technical expertise for the benefit of the two countries,” Kabil added; noting that having a developed SMEs sector will help create proper jobs for youth.

This came during Kabil’s meeting with the Romanian delegation headed by the Romanian Minister for Business Environment, Commerce and Entrepreneurship Ilan Laufer in addition to a number of the country’s businessmen who are also visiting Cairo to participate in the Egyptian-Romanian Business Forum.

The meeting discussed the efforts that the Egyptian government has been exerting to develop and bolster the micro SMEs sector referring to the new entity established to administrate SMEs projects.