(MENAFN- Daily News Egypt) Minister of International Cooperation Naglaa Al-Ahwani has signed a Memorandum of Understanding (MoU) with World Bank Vice President for the Middle East and North Africa Hafez Ghanem.
The MoU will see the prolonging of cooperation with the Marseille Center for Mediterranean Integration (CMI), the Ministry announced.
The signing took place on the sidelines of the spring meetings of the World Bank and the International Monetary Fund, taking place in Washington DC from 17-19 April.
This comes as Egypt's third extension of the agreement, prolonging the period of cooperation from 2015 to 2018. The agreement aims to strengthen developmental cooperation between member countries in various areas, including human development, economic integration, sustainable development, the environment and climate change.
The centre wasestablished in 2009, with its main partners being the European Investment Bank (EIB), the World Bank, the French Agency for Development (AFD), and the Union for the Mediterranean (UfM), amongst others.
Member countries of the centre include France, Lebanon, Morocco, Tunisia, Italy, Palestine, Jordan and others.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.