Egypt, China ink 5 cooperation agreements in Beijing

CAIRO – 1 September 2018: President Abdel Fatah al-Sisi and his Chinese counterpart Xi Jinping witnessed Saturday five cooperation deals inked in various fields between both countries in Beijing.

This comes on the sidelines of the Egyptian leader’s visit to Beijing, where he is scheduled to attend the China-Africa Forum currently taking place.

The deals tackle several domains, including the industrial quality, a Chinese loan, and cooperation in projects such as the electric train, along with a grant for manufacturing an Egyptian satellite.

The Minister of Foreign Affairs Sameh Shoukry, Investment and International Cooperation Sahar Nasr, along with Trade and Industry Amr Nassar signed the deals.

Both countries signed an agreement to establish an electric train linking the New Administrative Capital in Egypt and the 10th of Ramadan city.

They also signed an agreement that aims at supporting development projects in Egypt, especially the Suez Canal Axis Development Project.

Both leaders kicked off official talks Saturday in Beijing; the second leg in Sisi’s Asia tour, which started in Bahrain, and will end in Uzbekstan. They both praised the bilateral cooperation between their countries, calling for furthering ties in different aspects.

The talks are taking up means of boosting joint cooperation along with regional and international issues of common concern.

MENA contributed to this report