Egypt and Bulgaria have bolstered their military and industrial cooperation to support Cairo’s sustainable development strategies.
Minister of State for Military Production Mohamed Ahmed Morsi pointed to the ministry’s keenness to benefit from Bulgaria’s expertise in various fields, and to cooperate with several international companies in the field of transferring and localizing modern technologies in Egypt.
"This comes in line with Egypt’s goal to develop industrial, technical and technological capacities to support its sustainable development strategies by relying on local labor," Morsi explained.
His remarks were made on Saturday during a meeting with Bulgaria’s ambassador to Cairo Deyan Angelov Katratchev. The two men discussed the means of bolstering cooperation in various industrial fields.
According to a cabinet statement, Morsi affirmed that his meeting with Katratchev emphasized keenness to strengthen strategic partnership in different fields between the two countries to benefit both peoples.
He underscored the ministry’s main role to meet the demands and needs of the armed forces and the police in terms of ammunition, weapons and equipment, the statement added.
Katratchev said opportunities are available to enhance military and civil cooperation with Egypt, in light of the great economic potentials both countries possess.
He hoped the meeting would play a major role in opening new horizons for investment and cooperation between military production companies.
The ambassador further hailed Cairo’s pivotal role in the Middle East and African region and its counter-terrorism efforts.
