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Sisi discusses Egyptian-French economic cooperation with French finance minister
Published in Ahram Online on 13 - 06 - 2021

President Abdel-Fattah El-Sisi discussed on Sunday in Cairo Egyptian-French economic and commercial cooperation and ways to boost French investments in Egypt with French Finance Minister Bruno Le Maire, the Egyptian presidency said.
According to the Egyptian presidency, the meeting witnessed an agreement on how economic and commercial cooperation between Egypt and France and how boosting French investments in Egypt were a priority, especially since the Egyptian market is promising and considered a launching point for French exports to different markets in the region due to Egypt's geographical locales and the free trade agreements Egypt signed, as well as the incentives and advantages of investing in Egypt.
El-Sisi and Le Maire also discussed the huge investment opportunities available for French companies in Egyptian national megaprojects like the Suez Economic Zone, 'Decent Life' Initiative, and the new cities currently being constructed nationwide.
Conveying the greetings of French President Emmanuel Macron to his Egyptian counterpart for the recent Egyptian efforts in reaching a ceasefire between Israel and the Palestinian factions in the Palestinian territories, Le Maire asserted the depth of Egyptian-French strategic relations and how France was keen to support Egypt by boosting and diversifying its investment, as well as enhancing joint cooperation in all fields.
From his side, El-Sisi stated that those investment opportunities are supported by stability, which Egypt has been enjoying recently.
El-Sisi and Le Maire also discussed several issues related to bilateral relations between the two countries and ways to boost partnership between them, whether on the cultural or tourism levels, the Egyptian presidency's statement read.
Egypt's Minister of Foreign Affairs Sameh Shoukry, Minister of International Cooperation Rania Al-Mashat, and Minister of Finance Mohamed Maait attended the meeting, along with Egypt's Ambassador to France Alaa Youssef and France's Ambassador to Egypt Stéphane Romatet.


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