Wednesday, April 23, 2008; Posted: 10:56 PM
The objective is to ensure economic and social wellbeing of the people, particularly the farming community, IFFCO said in a statement.
The company inked the deal with Central Agricultural Cooperative Union (CACU), an umbrella organisation for growth of cooperative movement in Egypt.
IFFCO further said that "the company would provide its expertise in developing and integrating co-operatives of Egypt for the betterment of their members and assistance".
As part of the agreement, both IFFCO and CACU would make efforts toward co-operative trade, transfer of appropriate technology development in agricultural commodities and inputs, it added.
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