Bank Of Baku

Egypt, Turkey ink energy protocol

Egypt, Turkey ink energy protocol
# 14 September 2011 20:30 (UTC +04:00)
Baku-APA. Egypt signed on Wednesday a protocol on electricity and energy cooperation with Turkey, APA reports quoting Xinhua.

The protocol was signed to confirm friendly relations between the two countries and enhance cooperation in the energy field to achieve common interests, official news agency MENA reported.

"It aims to support and develop cooperation in the field of electricity and renewable energy on the basis of mutual understanding," said Egyptian Electricity and Energy Minister Hassan Younis.

"The protocol covers the mutual work to support investment and encourage public-private partnership in the fields of power and renewable energy," Younis said.

Egypt signed on Tuesday 11 cooperation agreements with Turkey in different fields such as technology, communication, petroleum and natural resources.
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