Egypt’s Health Minister Hala Zayed and French Ambassador to Egypt Stephane Romatet have signed an agreement where France will provide Egypt with €15 million for the ministry to purchase medical supplies and protective equipment amid the COVID-19 pandemic, Minister of International Cooperation Rania Al-Mashat announced in a statement on Monday.
According to the agreement, Agence Française de Développement (AFD) will provide the sum in light of the fruitful cooperation between Egypt and international development partners, Al-Mashat added.
The agreement emphasises the close and profound ties between the two countries in all sectors, especially in healthcare, which constitutes a priority for Egypt’s government amid the ongoing crisis.
Minister Zayed praised France’s support of the Egyptian health sector, highlighting the ongoing cooperation in the project to modernise hospitals’ intensive care units in the governorates of Port Said, Daqahlia, Sharqia, Ismailia, and Suez.
For his part, Romatet said the new agreement reflects France’s support of Egypt amid the global crisis.
Egypt’s cooperation portfolio with France recorded €1 billion by the end of 2019 in transportation, electricity, housing, healthcare, agriculture, and the environment.
The MoU on strategic partnership in social and economic development, which lasts from 2019 till 2023, that has been inked between Egypt and the FDA provides approximately €1 billion.
Egypt’s Ministry of International Cooperation signed on Sunday an agreement contract with AFD to finance a project to renovate the Cairo Metro’s first line.
The agreement was inked by Minister Al-Mashat and AFD Country Director Fabio Grazi under Egypt’s multilateral cooperation framework among development partners, which brings together the AFD, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB).
The project aims to renovate and modernise the 44km north-south Cairo Metro line, which intersects with Line 2 and Line 3.