Special to WorldTribune.com

Egypt is looking for an economic shot of adrenaline by offering to replace Turkish imports recently banned by Russia.

Russian President Vladimir Putin on Nov. 28 applied restrictions on trade and travel on Turkey in response to Turkey’s shooting down of a Russian Su-24 jet.

Egyptian Minister of Industry and Foreign Trade Tarek Kabil said on Nov. 29 that he was seeking a list of Turkish imports that Moscow had prohibited and would work to arrange for their supply by Egyptian manufacturers.

The move would be a boost for Egypt’s economy, which suffered a huge blow to its crucial tourism industry after Islamic State of Iraq and Levant’s (ISIL’s) affiliate in Egypt downed a Russian airliner on Oct. 31.

Meanwhile, Egypt’s Ministry of Finance on Nov. 30 said Cairo is shooting for an economic growth rate of 5 to 5.5 percent for the fiscal year beginning July 2016.

In a statement, the Ministry of Finance also said the government hopes to reduce public debt to 88 to 90 percent of GDP and the unemployment rate to 10 percent.

  Egypt offers to replace Turkish imports banned by Russia, Tarek Qabil, Vladimir Putin, WorldTribune.com