Cairo – Mubasher: The Arab Organization for Industrialization (AOI) on Wednesday signed a group of memorandums of understating (MoUs) with Romanian companies, including ROMARM, PATROMIL, and Titan.

Head of AOI Abdel-Moneim El-Terras stressed the importance of cooperation with Romania in various industrial areas, according to a statement.

El-Terras also highlighted the guidance of President Abel Fattah el-Sisi on the localisation of technology and the increase of local components in national industries.

Moreover, the top official held a meeting with Romanian companies to identify mechanisms to promote cooperation in the field of manufacturing.