Ｌｏｃａｌ Ｅｎｔｅｒｐｒｉｓｅ Ｓｅｅｋ Ｃｏｍｍｏｎ Ｂｅｎｅｆｉｔ ｗｉｔｈ Ｏｖｅｒｓｅａｓ Ｃｏｕｎｔｅｒｐａｒｔｓ

On July 20th， a signing ceremony between Setcore Group，Egypt represented by Mr. Tamer Nassar - Chairman of Groupand the World Trade Commerce Center， Dongyang - Chinarepresented by Mr. Jiang Yuejin - Mayor of Dongyang Citywas held at the Marriott Hotel in Zamalek - Cairo. This waswin-win cooperation and exerted great significances on bothsides. In this event， they exchange ideas on the economicissues of common concerned and signed a memorandum ofunderstanding as well.

In June 2007 Setcore Commercial Director visited theWorld Commerce Trade Mart at the city of Dongyang，China and was introduced to the project， which consists ofa mega international commercial center offering office shop space for numerous industries including a large sectiondedicated to textile producers across the whole productionchain.

This was followed by a visit of the Chinese delegation ledby the mayor of Dongyang city， who visited Egypt and Setcorepremises in July 2007.

Following both successful visits both parties agreed on thegeneral objectives like this:

Setcore Group， who is a leading member of the Egyptianbusiness community agreed to help in promoting the WorldTrade Commerce Center in Egypt by introducing the projectto its contacts and encouraging them to visit it;

The local government of Dongyang agreed to provide thenecessary help and support to promote Setcore's yam in thecity of Dongyang.