Last Update 1:1
Wednesday, 18 September 2019

Seoul aims to sign free trade deal with Cairo: S. Korean amb

MENA , Monday 19 Aug 2019
Ambassador of the Republic of Korea to Cairo, Yoon Yeocheol
Ambassador of the Republic of Korea to Cairo, Yoon Yeocheol
Views: 1534
Views: 1534

South Korean Ambassador in Egypt Yoon Yeocheol said on Sunday that his country is keen on boosting cooperation with Egypt in all fields and concluding a free trade deal with Cairo.

He stressed that bilateral consultations are underway to ensure the signing the deal to enhance Egypt-S. Korea trade partnership and facilitate the access of Korean exports to Egyptian consumers.

The ambassador underlined that Egypt is an important commercial and investment partner for S. Korea, citing the construction of the Egyptian-Korean Technological College in Beni Suef.

He detailed that trade exchange between Egypt and S. Korea hit more than $2 billion, noting that Korean companies operating in Egypt produce some 80% of Egypt's exports of electronic devices with returns of nearly $700 million.

The ambassador added that S. Korean President Moon Jae-in is keen on paying a visit to Egypt, but the time of the visit has not yet been decided.


Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.