Egypt, China ink 3 MoUs to strengthen economic bilateral ties

The signing took place during the visit of Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat to the Chinese capital Beijing to participate in the second edition of the Conference of the Forum on Global Action for Shared Development, organized by CIDCA.

The conference aims to promote cooperation among Southern countries, expand joint work between China and Southern nations, particularly in Africa, and create new partnerships within the framework of the Global Development Initiative (GDI), previously launched by the Chinese president.

The first MoU was signed with the NDRC to expand mutually beneficial cooperation. It aims to enhance economic collaboration through utilizing expertise related to macroeconomics, industrial development, renewable energy, technological innovation, and sustainable development. 

As part of the agreement, several workshops, seminars, and training programmes will be organized to utilize China's experience in reform and development.

Additionally, it will include capacity-building and training programmes, among other cooperative initiatives.

By the end of last June, Chinese training programmes have organized over 70 training sessions, with the participation of 420 government officials.