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Egypt, Israel seek to boost trade exchange following COP27

Israel offered Egypt to develop rice cultivation using the latest technologies and curb the water shortage crisis in Cairo, within the framework of the two countries’ efforts to increase trade exchange.

Delegates gather at the Sharm el-Sheikh International Convention Center in Egypt.
Delegates gather at the Sharm el-Sheikh International Convention Center in Egypt's Red Sea resort of the same name, on Nov. 6, 2022, for the 2022 United Nations Climate Change Conference, more commonly known as COP27. — JOSEPH EID/AFP via Getty Images

CAIRO, Egypt  — Taking advantage of the 2022 United Nations Climate Change Conference (COP27) hosted by Egypt in the Red Sea resort city of Sharm el-Sheikh Nov. 6-18, Israel and Egypt seem to be considering different ways to promote cooperation in technology and investments, while increasing their trade exchange.

Israel offered to help Egypt develop its local rice cultivation to curb the water shortage crisis plaguing the country.

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