African Country Signs 20 Agreements With Three East Asian Countries

Egypt's president announced that during his Asian tour with his delegation to South Korea, Malaysia and Indonesia, 20 agreements and memoranda of understanding were signed between Egypt and these countries.

The President of Egypt announced that during his Asian trip to South Korea, Malaysia and Indonesia, 20 agreements and memorandums of understanding were signed between Egypt and these countries.

According to Ambassador Arjan's report, quoted by Al-Yum Seveni, the President of Egypt, Abdel Fattah Al-Sisi, announced that during his Asian trip and the accompanying delegation to South Korea, Malaysia and Indonesia, 20 agreements and memorandums of understanding were signed between Egypt and these countries.

After returning to Egypt, El-Sisi emphasized in a conversation with reporters that Cairo is ready to provide all necessary facilities to support the investment of businessmen and economic activists of the three mentioned countries in Egypt.

He also said that Egypt's foreign policy, which is based on "creating balance, moderation and restraint", is gradually showing its effects in the country's international relations.

The President of Egypt said that the respect he saw during this trip, both at the official level and among the people of the host countries, shows the positive image of Egypt and trust in the country's political approach.

The President of Egypt added: This amount of trust and political credibility can be an incentive to strengthen economic and commercial cooperation and attract more foreign investments to Egypt.

Al-Sisi added that this trip was carried out in the framework of Cairo's efforts to expand cooperation with Asian economies and diversify Egypt's international relations, and agreements were signed with the aim of strengthening development, commercial and technological cooperation, transferring knowledge and experiences, localizing new industries and attracting Asian capital to the Egyptian market and the Suez Canal Economic Zone.