  Turkey to increase investments in Egypt’s economy September 14, 2011 - 11:32 AMT PanARMENIAN.Net - Turkey aims to increase investments in Egypt’s economy up to $ 5 billion. “This was the rational behind setting up the Council for Strategic Collaboration,” Turkey’s Prime Minister Recep Tayyip Erdogan said on his visit to Egypt, ITAR TASS reports. “This mechanism will further strengthen our countries,” he said at a joint press conference with his counterpart Essam Sharaf. Turkish investors have already invested about $ 1,5 billion in various projects. “Our government aims to assist them in order to get this figure to 5 billion as minimum,” he noted. In addition Cairo and Ankara arranged to increase turnover, according to Turkish prime minister. Egypt is the first haunt of Erdogan’s tour in “Arab Spring” countries. Visits to Tunisia and Libya will follow on Wednesday and Thursday respectively.   Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".   Partner news |  Latest news Surveying works underway in Armenia’s Kirants  Surveying works are underway in the Armenian village of Kirants in the northern Tavush province.Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes.Armenia says ready to extend nuclear plant’s lifetime by 10 years Armenia has taken necessary measures to extend the lifetime of its nuclear power plant until 2036.Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. |
