馃嚜馃嚞EgyptNorth Africa
Alexandria Port and Montenegro Ports Authority sign cooperation agreement
via Egypt Today2 min read
Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding between the Alexandria Port Authority and the Montenegro Ports Authority during Montenegro鈥檚 President Jakov Milatovi膰鈥檚 official visit to Egypt. The agreement, signed by Alexandria Port Authority Chairman Vice Admiral Ehab Salah and Montenegro Ports Authority Chairman Stanko Dretic, aims to enhance bilateral cooperation in maritime transport and logistics. Key areas of collaboration include port management and operations, digital transformation, knowledge exchange, capacity building, and environmental sustainability. The MoU also outlines plans to explore new maritime connections between Egyptian and Montenegrin ports to strengthen supply chains and support trade and investment. Officials noted that the strategic locations of Egypt on the Mediterranean and Montenegro on the Adriatic could establish a significant maritime and logistics corridor linking European markets with the Middle East and North Africa. This partnership aligns with Egypt's ongoing efforts to modernize its port infrastructure and position itself as a regional hub for transport, logistics, and transit trade, while also supporting the Alexandria Port Authority's goal to expand international cooperation and improve the global competitiveness of Egyptian ports.
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This summary was AI-generated from a story originally published by Egypt Today.
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