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Tuesday, 27 October 2020

Egypt's Sisi arrives in South Korea on last Asia tour stop

El-Sisi will meet with the Korean president, senior government officials, and business leaders to address means of boosting Korean investment in Egypt

Ahram Online , Wednesday 2 Mar 2016
Sisi
Egypt's President Abdel Fattah al-Sisi (R) inspects South Korean honour guards during a welcoming ceremony upon his arrival at an airbase in Seongnam, south of Seoul, on March 2, 2016. The Egyptian leader arrived in South Korea for a three-day visit. (AFP)
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Egyptian President Abdel-Fattah El-Sisi arrived in South Korea after leaving Japan on Wednesday. South Korea is the president's last stop on his week-long Asia tour.

During the three-day visit, El-Sisi is due to hold talks Thursday with South Korean President Park Geun-hye.

El-Sisi will also meet with senior Korean government officials and business leaders to address means of boosting Korean investment in Egypt, state news agency MENA reported.

Egypt aims to draw foreign investment needed to shore up its ailing economy, with special focus on a key project of developing an international industrial and logistics hub around the Suez Canal, one of the world's key shipping routes and a major source of international trade.

Egyptian presidency spokesman Alaa Abdel Fattah said that both countries are set to agree on "upgrading ties to a comprehensive partnership level."

Both countries plan on signing several agreements in the fields of energy, technology, and transportation.

After a trip to Kazakhstan, the Egyptian president traveled to Japan, where he pinned a number of deals worth around $18 billion in energy and other sectors.

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