Ambassador of the Republic of Korea to Egypt Hong Jin Wook said that Egypt is a key strategic partner of the Republic of South Korea due to its distinguished location and its government-led economic reform programs.
“Egypt, with its strategic location linking three continents, the Suez Canal — which serves as a hub for global trade routes — its huge population of over 100 million people, and the Egyptian government’s bold economic reforms, is a key strategic cooperative partner to the Republic of Korea,” he stressed.
The ambassador made his statements during his participation in the Korean Economic Development Cooperation Fund’s (EDCF) Egypt-Korea high-level policy dialogue that was held on Sunday in Cairo at the Ministry of International Cooperation.
The EDCF policy dialogue was held to exchange views on bilateral development cooperation with the participation of a host of officials from both countries.
The event was attended by Minister of International Cooperation Rania Al-Mashat and representatives from the Ministry of Transportation, National Authority for Tunnels, and the National Railways Authority.
It was also attended by delegations comprising members of the Korean Ministry of Economy and Finance and the Korean EXIM bank that are visiting Egypt from 21 May to 1 June.
Hong affirmed that bilateral Korean-Egyptian development cooperation has become very active recently, especially after the latest steps taken by both countries in this regard, according to a statement.
Additionally, the ambassador said he is looking forward to witnessing more and more meaningful results from these great bilateral ties and Korea’s participation in some of Egypt’s national mega projects, including the manufacturing and maintenance of 320 trains for Cairo’s second and third metro lines.
He also thanked Al-Mashat and her ministry for their “untiring efforts in enhancing bilateral ties and development collaboration,” requesting the minister’s continued support for the Republic of Korea.
Source: Al-Ahram Online
