Egypt to host signing of free trade deal between 3 African blocs

Egypt will host the signing of a free trade agreement between three African blocs in June, said Minister of Industry and Trade Mounir Fakhry Abdel Nour.

The blocs are COMESA, SADC and East African Community.

The remarks were made during a symposium held at Cairo University under the rubric "Here is Africa".

Abdel Nour urged for achieving regional integration between Egypt and African countries in the light of economic changes that the world had witnessed.

A total amount of 500 million dollars were provided to enhance trade relations between African countries, Abdel Nour said.

He praised a role played by El-Nasr Export and Import Company and the Arab Contractors Company in enhancing commercial relations with African countries.