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Home Egypt

Egypt, S. Korea to expand economic co-operation

by Gazette Staff
October 20, 2022
in Egypt, World
Egypt, S. Korea to expand economic co-operation 10 - Egyptian Gazette
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Egypt’s President Abdel Fattah El Sisi stressed Egypt’s pride in its long-standing close relations and partnership with South Korea, expressing interest in expanding co-operation between the two countries especially at the economic and investment levels.

The President’s remarks came as he received on Thursday a phone call from South Korean President Yoon Suk-yeol, Presidency Spokesman Ambassador Bassam Radi said.

The two leaders noted the strong relationship between Egypt and South Korea and the successful Korean investments in Egypt in several fields. They also exchanged views on regional and international issues of mutual interest and co-operation to address climate change, in light of COP27 Egypt is hosting next month in Sharm El Sheikh, ambassador Radi added.

President Sisi congratulated President Yoon Suk-yeol on South Korea’s “National Foundation Day” which is celebrated on the third of October.

For his part, the South Korean President expressed his appreciation for the President’s generous gesture, praising the strong relationship between South Korea and Egypt. President Yoon Suk-yeol also affirmed that the people of South Korea appreciate Egypt and its ancient civilisation. He underscored that South Korea aspires to strengthen the bilateral relationship at various levels, particularly at the economic and trade levels, and to increase the South Korean investments amid Egypt’s increasing economic growth and comprehensive development.

 

Tags: COP27EgyptS. Korea

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