France keen to boost cooperation with Egypt as key partner in ME and Africa: Macron to Sisi at Elysée

Ahram Online , Thursday 22 Jun 2023

President Emmanuel Macron stressed to President Abdel-Fattah El-Sisi that France is keen on strengthening economic cooperation with Egypt as well as intensifying coordination between the two countries on regional and international issues.

Sisi, Macron
France s President Emmanuel Macron (R) greets Egypt s President Abdel Fattah El-Sisi for a meeting at the Elysee presidential Palace in Paris, on June 22, 2023. AFP

 

Macron’s comments came during a work luncheon organized with the Egyptian president at the Elysée Palace on Thursday, according to a statement released by the Egyptian Presidential Spokesman Ahmed Fahmy.

President El-Sisi is in Paris to attend the Summit for New Global Financing Pact, which is hosted by France 22-23 June.

During the meeting, the two leaders discussed international issues including latest developments in the Russian-Ukrainian crisis and its impact on the food and energy markets world.

They also discussed regional issues including latest developments in the ongoing conflict in Sudan.

Macron and El-Sisi also discussed cooperation between France, as a key member of the European Union, and Egypt in combating terrorism and irregular migration, according to Fahmy.

The two leaders exchanged views on aspired outcomes from the Summit for New Global Financing Pact, emphasizing the commitment of both their countries to support international initiatives aimed at facilitating developing countries' access to necessary financing to address the negative economic consequences of various global crises.

The French president lauded growing cooperation between the two countries in the economic and trade sectors, adding that his country is looking forward to strengthen ties with Egypt on all levels.

France considers Egypt a key partner who plays a major role in maintaining stability in the Middle East, the Mediterranean region and the African continent, Macron told El-Sisi, according to Fahmy.

For his part, El- Sisi emphasized to President Macron that Egypt looks to benefit from the exceptional expertise and capabilities that France possesses in various fields such as transport and green hydrogen production in the renewable energy sector, specifically in the field of green hydrogen.

El-Sisi expressed to Macron that Egypt looks forward to more French companies taking advantage of various investment opportunities in the country Egypt.

According to the Central Agency for Public Mobilization and Statistics (CAPMAS), the volume of trade exchange between Egypt and France increased to $3.9 billion in 2022, up from $2.9 billion in 2021, a whopping 35 percent increase.

Moreover, Egyptian exports to France increase by 61 percent in 2022, reaching $1.8 billion.

Meanwhile, Egyptian imports from France rose by 19.2 percent in 2022, reaching $2.2 billion.

President El-Sisi also met on Thursday with the President of the European Council Charles Michel on the sidelines of the climate summit.

The meeting addressed the development of relations between the two sides in the context of their partnership map within the framework of the EU-Egypt Partnership Priorities Document 2021-2027.

Charles expressed to President El-Sisi the EU) appreciation of Egypt’s efforts in maintaining security and stability in the Mediterranean region and its efforts in establishing peace in the Middle East.

He also lauded Egypt for hosting of millions of guests/migrants and playing a key role in curbing irregular migration and combating terrorism and extremist ideology.

Finally, regional issues such as the developments of the Russian-Ukrainian crisis and the Sudanese crisis were also discussed. Both officials agreed on the necessity of intensifying efforts to help Sudan overcome its crisis while accounting for the interest of the Sudanese people. 

The Egyptian president also met with Tunisian President Kais Saied in Paris on Thursday.

The two leaders exchanged views on several regional and international issues of mutual concern, Fahmy said.

These discussions encompassed international efforts to reform the world's financial system in order to allow developing countries meet the challenges posed by various amid global crises.

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