Egypt's golf chief Omar Hisham Talaat elected to Arab Golf Federation board    Egypt extends Eni's oil and gas concession in Suez Gulf, Nile Delta to 2040    Egypt, India explore joint investments in gas, mining, petrochemicals    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egyptian pound inches up against dollar in early Thursday trade    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Courting the dragon
Published in Al-Ahram Weekly on 24 - 01 - 2002

President Mubarak arrived yesterday on a four-day visit to China. Nevine Khalil reports from Beijing
President Hosni Mubarak, who arrived in Beijing yesterday heading an Egyptian delegation on its four- day visit, immediately began the first of two rounds of talks with Chinese President Jiang Zemin. And while the situation in the Middle East, terrorism, and developments in Afghanistan will all feature in the discussions, topping the agenda of both leaders will be ways of boosting Sino-Egyptian trade.
This morning Mubarak was scheduled to preside over the signing of an agreement to create a Sino- Egyptian Business Council, an extension of the strategic cooperation agreement between Egypt and China that was finalised during the President's last visit to the Chinese capital in 1999. The Business Council, which will comprise 46 Egyptian and 25 Chinese businessmen, will be charged indentifying those areas in which cooperation will be mutually beneficial, and in formulating the strategies and mechanisms that will realise such benefits.
According to Khaled Abu Ismail, chairman of the Egyptian part of the Council, members have been selected on the basis of their ability to promote Egyptian interests. Importers of capital equipment, primary products, cotton and agricultural producers, as well as representatives of the tourism sector predominate. The latter are hoping to capitalise on last year's inclusion by Beijing of Egypt on its list of recommended tourist destinations.
"We didn't choose those exclusively interested in trading in finished goods and commodities," said Abu Ismail, who has extensive experience in Asian markets. "We hope that the president's visit will start cooperation on the right footing."
While Egypt and China instigated economic reform programmes during the mid-'70s, Chinese progress has been quicker. Bilateral trade currently stands at $894 million, of which Chinese exports to Egypt account for $824 million. Closing this massive trade gap is likely to be an uphill struggle.
One area ripe for development is the field of information technology. Mubarak's visit to the city of Shenzhen -- "a special economic zone" and home to a sprawling high-tech park developed from a fisherman's village in the 1980s -- is scheduled for tomorrow. On 13 January Shenzen signed a research cooperation agreement with the Mubarak City for Science and Applied Technology (MUCSAT).
The Chinese president had identified Egypt as a "strong contender" in the field of science and technology, and stressed the "great potential" for cooperation in human resources and industrial development. For its part Egypt is seeking to improve cooperation in the fields of oil and the peaceful use of nuclear power, as well as more Chinese direct investment in the North West Gulf of Suez industrial zone. The first two areas, together with tourism, were included in memoranda of understanding already signed during the visit. Additionally, Egypt will receive a $3.6 million grant, and a $12 million loan, earmarked for furthering technical cooperation.
As for regional and strategic concerns, Zemin, talking to Al-Ahram newspaper this week, said that the 11 September attacks had dealt a "shock to the world" and had destabilised international relations.
"The United Nations must step forward and take the lead on the world stage," he said, underlining China's opposition to any expansion of the US-led campaign against terrorism.
While supporting the call for international efforts to combat terrorism, Beijing remains uneasy about the US/Western-led call to arms and would much prefer the convening of an international conference on terrorism of the sort Egypt has been calling for for years. "Cooperation in fighting terrorism will secure better ties between countries," Mubarak told the Chinese media, "and delaying it further complicates an already complicated issue."
Mubarak is expected to present Chinese officials with the Arab perspective on Israeli hostility to the peace process and the danger it poses to stability and security in the Middle East.
"The key to resolving the conflict is a just resolution of the Palestinian issue [which means] the return of occupied Arab land," said Zemin, condemning Israel's military strikes, blockades, settlement building and targeting of Palestinian civilians. "What is needed is a commitment to signed agreements, a cease- fire, confidence-building measures and positive attitudes," he said, arguing for a relaunch of talks "as soon as possible."
Cairo wants China, as a permanent member of the Security Council, to take a stronger stand in promoting Palestinian rights. China was the only permanent member of the Security Council to vote for sending international monitors to the Palestinian territories in September 2000, a position it repeated in July 2001.
China, traditionally supportive of Arab positions, has recently strengthened its military and economic ties with Israel. However, Zemin said that China has "many times, and through different channels, urged Israel to uphold its commitments and respond positively to international efforts to [relaunch] negotiations."
Recommend this page
© Copyright Al-Ahram Weekly. All rights reserved
Send a letter to the Editor


Clic here to read the story from its source.