ministers of economy from israel and Egypt met and discussed cooperation

The Minister of Economy and Industry met with the Egyptian Minister of Intelligence, General Abbas Kamel, during which the ministers discussed steps to promote economic and trade relations between Israel and Egypt, strengthen ties between businessmen, create joint ventures and facilitate joint business activities, including creating a 'green route' for people. Businesses from Israel, which will facilitate the process of issuing a visa (visa) to Egypt and will make the movement of businessmen between the countries easier.
Economic partnership is important for both countries and will lead to regional growth.
Maj. Gen. Barbibai, who served as head of the IDF during Operation Resilient Cliff, personally addressed the Egyptian intelligence minister and asked him to work for the return of IDF casualties and civilians held by the Hamas terrorist organization as a human gesture.
According to Ohad Cohen, director of the Foreign Trade Administration at the Ministry of Economy and Industry: "The volume of trade between Israel and Egypt is about $ 200 million (excluding natural gas exports). About 80% of Israeli exports are in the textile sector, with the balance divided between chemicals (6 %), Rubber and plastic (6%) and more.
Israel imports agricultural products and food products from Egypt (37%), chemicals (34%), machinery and electrical machinery (4%), rubber and plastics (3%) and minerals and fuels (3%). To work to expand and exhaust the ties of the business communities between the two c