Egypt's Minister of Finance Mohamed Maait discussed on Thursday with South Sudanese Minister of Finance and Economic Planning Salvatore Garang means of boosting financial and economic cooperation between the two countries.
The two sides agreed on forming a joint committee to draft an executive programme that turns cooperation frameworks into bilateral projects with a specific timetable, the Ministry of Finance said in a statement on Thursday.
Maait said that the Egyptian leadership and people are keen on laying the foundations for stability, peace and development in South Sudan as well as on promoting bilateral relations.
The minister also shed light on the Egyptian experience in the economic and social reform process that has yielded many positive results, expressing his ministry's readiness to offer all support to South Sudan's government in this regard.
Meanwhile, the South Sudanese minister lauded Egypt's efforts to back peace, stability and development in light of its current chairmanship of the African Union.
He also expressed admiration for the Egyptian experience to achieve economic and social reform, from which his country is keen to benefit.