South Korean Defence Minister Suh Wook said on Tuesday that there are important opportunities to enhance military cooperation with Egypt in light of the two countries' huge economic capabilities. The South Korean minister, who is on a two-day visit to Egypt, made the remarks in a meeting with Egypt's Minister of state for Military Production Mohamed Ahmed Morsy. Minister Suh will then fly to Oman, according to Korean local reports. Minister Suh expressed aspirations that his meeting with Morsy will open up new horizons of investment and cooperation between Egyptian military production companies and the relevant companies in South Korea, a statement by the Egyptian side read. The Korean minister hailed the diverse and historic relations between the two countries, which have witnessed progress over the past years on all levels. Minister Suh also highlighted the mutual understanding the two countries share regarding the necessity to boost their bilateral relations in different industrial and economic fields. The Egyptian minister of state for military production affirmed his ministry's willingness to benefit from South Korean expertise in different fields as part of the ministry's keenness to cooperate with international companies. Morsy added that this cooperation aims at transferring experience and localising modern technologies in Egypt, which is in line with the state's policy to develop industrial and technological capabilities to support sustainable development strategies by relying on local manufacturing capabilities, Morsy explained. South Korean Ambassador to Cairo Hong Jin-wook also attended the meeting. The South Korean ambassador praised the Egyptian state's keenness to provide a supportive climate for investment and attracting further investments from international companies, the statement read. Jin-wook also hailed Egypt's pivotal role in the Arab region and the Middle East as well as its counterterrorism efforts. During the meeting, the two sides agreed on the importance of exchanging technical visits to learn about the technological and industrial capabilities of each side and suggest fields of cooperation, the statement added. South Korea's defence minister also met on Tuesday morning with Egypt's President Abdel-Fattah El-Sisi, according to presidential spokesman Bassam Radi.
