Olive Oil |
The House of
Representatives approved on Monday 8/1/2018 a presidential decree No.
560 / 2017 on joining the International Agreement on Olive Oil and Table
Olives, that was adopted in Geneva on October 9, 2015.
Undersecretary of
the committee of agriculture, irrigation, food security and animal
wealth committee and Rapporteur of the joint constitutional-agricultural
committee Hisham el Hossary said that Egypt had joined the
International Olive Council IOC since 1964 and it had positive effects
on its economy, especially in the agriculture and olive industry fields
and contributed to improving the physical and chemical properties of the
olive oil.
Egypt's accession
to the agreement would enable it to make use of the financial grants it
receives with the aim of supporting the olive cultivation especially in
light of the new initiative adopted by the leadership for planting one
million olive trees within the framework of the project that aims to
plant 1.5 million olive trees in the Western Desert, he added.
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