Sisi expresses to Qishan Egypt’s aspiration to promote Chinese direct investment

Cairo, Egyptian President Abdel-Fattah El-Sisi expressed on Saturday to Chinese Vice-President Wang Qishan his country's aspirations to promote direct Chinese investments, presidential spokesman Bassam Rady said in a statement.

Qishan and an accompanying delegation arrived to Cairo on Friday to discuss boosting bilateral cooperation.

The meeting was attended by Egyptian Prime Minister Mostafa Madbouly, Minister of Foreign Affairs Sameh Shoukry, Minister of Trade and Investment Amr Nassar, and the Chinese Ambassador to Egypt.

During the meeting, El-Sisi highlighted the importance of the bilateral relations as well as the comprehensive strategic partnership between Egypt and China.

Meanwhile, the Chinese vice-president hailed the Egyptian efforts exerted in the economic reform programmes as well as the completion of several major national projects in a short period of time, which led to encouraging major Chinese companies to work in Egypt and contribute to the implementation of these projects.

The talks also touched upon a number of regional issues of common interest.

Qishan expressed his country's support for the Egyptian efforts in the fight against terrorism, uprooting extremism and reaching political solutions to resolve the crises in the Middle East. He has also stressed the support of the Chinese government to the development progress in Egypt.

Source: Saudi Press Agency