Sweden seeks to increase cooperation with Egypt: Sweden official

CAIRO - 19 June 2019: Sweden’s State Secretary to the Minister for Foreign Trade Niklas Johansson said his country aims to promote cooperation with Egypt in the field of electricity and renewable energy, according to a statement issued by Electricity Ministry on Monday.

This came during his meeting with Electricity and Renewable Energy Minister Mohamed Shaker and representatives of Swedish companies in the energy field in the presence of the Swedish ambassador in Cairo and several officials at the electricity and energy sector.

Johansson reiterated that a number of financing institutions are willing to provide the required funding for the renewable energy sector and support the sector of electricity in Egypt to meet the current and future needs.

For his part, Shaker praised the relationships between Egypt and Sweden, as well as the active participation of the Swedish side in the projects of the Egyptian electricity sector,stressing that Swedish companies are a reliable partner and play a significant role to contribute to the projects of the electricity sector.

He also stressed that the electricity sector is always seeking to deepen the Egyptian-Swedish relations and strengthen the fields of economic cooperation, especially in the field of electricity and renewable energy.