Sisi signs comprehensive partnership agreement with Chinese counterpart

Tuesday 23-12-2014 02:57 PM
Sisi signs comprehensive partnership agreement with Chinese counterpart

Egypt President Abdel Fattah al-Sisi (L) shakes hands with Chinese President Xi Jinping during a signing ceremony in the Great Hall of the People in Beijing December 23, 2014. REUTERS/Greg Baker/Poo

By

CAIRO, Dec 23 (Aswat Masriya) – Egypt’s President Abdel Fattah al-Sisi concluded a summit with his Chinese counterpart Xi Jinping by signing a Comprehensive Strategic Partnership Agreement on Tuesday.

Sisi landed in the Chinese Capital of Beijing Monday morning  in an official visit to strengthen bilateral ties and increase Chinese investments in Egypt.

Egypt postponed for a month an economic conference it is scheduled to hold next year to ensure the presence of Chinese investors.

Egypt's Planning Minister Ashraf al-Arabi announced in September that the country will hold a conference in February to attract foreign companies, donor and international organisations.  

Finance Minister Hany Kadry Dimian nevertheless said earlier in November that the conference will be postponed to March to avoid its overlap with Chinese holidays.

Egypt’s diplomatic relations with China date back to 1956. Egypt was the first Arab and African country to recognise the People’s Republic of China.

The two countries signed a Strategic Partnership Agreement in 1999, reflecting their keenness on developing cooperation.

facebook comments