Egypt, Brazil forming joint economic committee

Egypt and Brazil are studying forming a joint economic committee to facilitate trade, said Trade and Industry Minister Tarek Kabil, Ahram Gate reports. His statements follow a meeting with his Brazilian counterpart Marcos Pereira and Brazil’s Foreign Minister Aloysio Nunes on the sidelines of the World Trade Organization (WTO) ministerial meetings in Buenos Aires. Other avenues off economic cooperation discussed include Egypt’s membership in the Mercosur agreement and setting up the Brazilian side of the Egyptian-Brazilian Business Council, Kabil added.