The 300-member Greek parliament by a large majority on Thursday approved the draft law on “Ratification of the Memorandum of Understanding (MoU) between Greece and Egypt for cooperation in the field of tourism”. The draft law had been tabled by the Tourism Ministry.
The MoU, which was signed on February 23, 2016, provides a framework for the bilateral cooperation in the tourism sector between Greece and Egypt to increase tourist traffic between the two countries.
The main objectives of the MoU are to encourage two-way tourism, to promote joint travel packages to third countries, to exchange information and data related to tourism, to exchange experiences in the areas of promotion and education and to participate in tourism exhibitions in each others country.
According to the MoU, the countries will also cooperate to develop special forms of tourism, launch mutual tourism promotional activities and ease investment measures for Greek and Egyptian businessmen to carry out joint tourism projects.
The MoU also sees the establishment of a tourism committee for the implementation of the joint actions.
During her speech in parliament, Tourism Minister Elena Kountoura underlined that Egypt is among the new markets of priority for Greece, in accordance to the ministry’s national tourism policy launched in 2015.
She noted that Greece could attract Egyptian travellers all year around and that it is estimated that some five million Egyptians of high income travel abroad each year.
Moreover, she stressed that the ministry aims to promote stability and cooperation in the Eastern Mediterranean.