The economic cooperation between Serbia and Egypt needs to be improved, and there is a great potential for increasing the scope of foreign trade exchange, the participants of a business forum Serbia-Egypt, held at the Serbian Chamber of Commerce (PKS), evaluated on Monday.

The Egyptian delegation was headed by Minister of Trade and Industry Rashid Mohamed Rashid, and the aim of their visit was to familiarize themselves with the business ambient in Serbia. It was evaluated that this is the most important delegation of Egyptian businessmen that has ever visited Serbia.

Taking part in the work of the Forum, Serbian Minister of Trade and Services Slobodan Milosavljevic said that not only business leaders from Egypt are in Serbia, but also business leaders of the Middle East and Africa, who need to be present at the region of Southeastern Europe in order to become global leaders.

"They have to be present in Serbia as well, since it is the biggest and most perspective country of the region," Milosavljevic pointed out and invited them to intensify their business in the Balkans as well.

Rashid stressed that the goal of the visit of Egyptian economists to Serbia, which followed the visit of Serbian economists headed by President of Serbia Boris Tadic to Egypt in April 2009, is to search the possibilities for investment in the country, since there is a great interest in it, as well as in the improvement of the economic cooperation of the two countries.

During a Wednesday discussion with the Egyptian delegation of big industrialists headed by Minister of Trade and Industry Rashid Mohamed Rashid, Serbian President Boris Tadic invited the representatives of Egyptian industry to take part in the economic flows of Serbia.

President Tadic, as stated by his press service, stressed that Serbia and Egypt are have been connected by a traditional friendship ever since the Non-Aligned Movement was founded.

The members of the Egyptian delegation expressed satisfaction with the Wednesday talks with Serbian economists at the business forum which was organized by the Serbian Chamber of Commerce.

The delegation from Egypt, which came to a two-day visit to Serbia upon the invitation of President Tadic, comprised representatives of a great number of companies, and this was the first visit of big Egyptian businessmen to Serbia, whose aim is to examine the investment potentials in the country.