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EGYPT-SPAIN: PROJECT FOR NEW TUNNEL UNDER SUEZ CANAL
(ANSAmed) - CAIRO - The Spanish government will collaborate with the Egyptian government on two feasibility plans: one for the second tunnel under the Suez Canal, which will be added to the existing tunnel and a bridge for road transport between the two shores, and one project for a high speed railway line connecting the Red Sea and the south of the country ending in Luxor. So announced Spanish Premier Zapatero, after a meeting with Egyptian Prime Minister, Ahmed Nazif, also including various ministers from both governments. The two projects are part of a current collaboration between Spain and Egypt, which includes transport, infrastructure, energy, agriculture, food safety, and tourism. The new tunnel under the Suez Canal is part of the government's urbanisation plan in the Sinai Peninsula, starting from the east with Port Said. The high speed railway line will contribute to the development of the tourism industry for Upper Egypt's archaeological sites. The focus of the encounter whose participants also included Foreign Ministers, Abul Gheit and Moratinos, was also cooperation between businesses from both countries as well as clean energy. Trade volume between the two countries, according to Mena, was 2.5 billion euros in 2008, and Egyptian exports totalled about 900 million euros, mainly due to natural gas. After the meeting with Nazif, the Spanish Premier had an official lunch with President Hosni Mubarak, and met with Arab League Secretary, Amr Moussa. (ANSAmed).