Trade and Industry Minister Tarek Qabil issued a decision to form the Egyptian side in the Egyptian-South African business council under President of Manufacturing Commercial Vehicles Co. (MCV) Karim Ghabbour.

The council, under its new formation, will play a crucial role in developing the volume of trade exchange and promoting the private sector in South Africa in order to establish joint projects in Egypt in the various private sectors, Qabil said in statements Sunday.

Under the minister's decision, the term of the council's work will be three years starting from the date of publication in Egypt's Official Gazette.

Sources: MENA