ISLAMABAD, Dec 3: Pakistan-Egypt Joint Ministerial Commission (JMC) will meet in 2004 to promote bilateral relations in investment, trade and transfer of technologies in various areas.

The matter was discussed by Ambassador of Egypt to Pakistan Hasham El-Zimaity in a meeting with Privatisation and Investment Minister Dr Abdul Hafeez Shaikh here on Wednesday.

Dr Hafeez said there existed vast scope to promote economic interaction between the two countries. There was a need to explore new avenues to promote business-to-business dialogue and to benefit from the Egyptian experience in agriculture, textile, tourism and development of coastal areas, he said.

The Egyptian envoy assured Egypt’s maximum support to the minister in holding the forthcoming JMC and expressed the hope that exchange of business delegations between the two countries would set a pace to achieve the targets.—APP