The cabinet under Mostafa Madbouli approved on Thursday a draft presidential decree on the technical support agreement signed between Egypt and Italy.
As per the agreement, Italy will offer technical support to leather, furniture and marble industrial areas in Egypt.
The agreement aims at enhancing Egyptian industrial mechanism through improving productivity of industrial areas operating in the leather, furniture and marble domains.
The deal will also help boost Egypt’s economic and industrial development through focusing more on technology, innovation, knowledge transfer and environmental compatibility in a way that runs in line with the country’s needs and development policies.
