Industry Minister Mounir Fakhry Abdel Nour has shaken up the Egyptian side of the Egyptian-Russian Business Council to put more focus on increasing the bilateral trade volume.
The new council will be under Chairman of the General Union of Chambers of Commerce Ahmed el Wakeel, and the membership of top Egyptian business people.
The council's new formation comprises a set of skillful, experienced members in many sectors and activities of common interest between the two countries, the minister said.
He added that the council would work on doubling Egyptian exports to the Russian market and giving a push to joint investments.
The upcoming period will also witness more meetings between the Egyptian and Russian officials, the minister said, noting that the 10th session of the Egyptian-Russian Business Council will be held in Egypt on April 19-23.