Egypt's FM in Spain to discuss means of enhancing economic cooperation, investment

Ahram Online , Sunday 17 Apr 2022

Foreign Minister Sameh Shoukry left for Madrid Sunday to hold talks with his Spanish counterpart José Manuel Albares and other officials to discuss ways of enhancing economic cooperation and attracting more Spanish investments.

Egyptian Minister of Foreign Affairs Sameh Shoukry speaks during a meeting with Secretary of State Antony Blinken at the State Department in Washington, Wednesday, April 13, 2022. AP

Shoukry's meetings come as a follow-up to Spanish Prime Minister Pedro Sanchez’s visit to Cairo in December 2021, said Foreign Ministry Spokesman Ahmed Hafez.

During his visit, the first by a Spanish PM to Egypt since 2010, Sanchez held meetings with a host of Egyptian officials, including Egyptian President Abdel-Fattah El-Sisi.

Both leaders discussed increasing trade exchange and Spanish tourism to Egypt, and agreed to form a joint high committee to boost bilateral relations.

Trade exchange between Spain and Egypt reached 1.96 billion euros in the first nine months of 2021 compared to 583 million euros in the same period in 2020, an increase of 23.8 percent, according to date from the Egyptian Ministry of Commerce and Industry.

Spanish King Felipe VI and Minister of Ecological Transition Teresa Ribera are set to meet FM Shoukry, Hafez added in a statement.

The meetings also will address coordination ahead of the United Nations Climate Change Conference 2022 (COP27), slated to be held in November in the coastal Egyptian resort city of Sharm El-Sheikh.

Shoukry is also the president-designate of the UN event.

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