The Egyptian President issued on Thursday a decree sanctioning an economic and technical cooperation deal between Egypt and China, which was signed in September last year, MENA reported. <\/p>\n
China, under the deal, will grant Egypt a 100 million CNY to implement projects upon which the two sides would agree. <\/p>\n
The parliament approved the decree, and the official Gazette published it. <\/p>\n
Egypt’s President Abdel Fattah al-Sisi and Chinese President Xi Jinping witnessed in September the signing of five cooperation deals inkedin various fields between both countries in Beijing. <\/p>\n
This came on the sidelines of the Egyptian leader\u2019s visit to Beijing <\/p>\n
The deals tackle several domains, including the industrial quality, a Chinese loan, and cooperation in projects such as the electric train, along with a grant for manufacturing an Egyptian satellite. <\/p>\n
The Minister of Foreign Affairs Sameh Shoukry, Investment and International Cooperation Sahar Nasr, along with Trade and Industry Amr Nassar signed the deals. <\/p>\n
Both countries signed an agreement to establish an electric train linking the New Administrative Capital in Egypt and the 10th of Ramadan city. <\/p>\n
They also signed an agreement that aims at supporting development projects in Egypt, especially the Suez Canal Axis Development Project.<\/p>\n
Egypt Today<\/p>\n","protected":false},"excerpt":{"rendered":"
The Egyptian President issued on Thursday a decree sanctioning an economic and technical cooperation deal between Egypt and China, which was signed in September last year, MENA reported. China, under the deal, will grant Egypt a 100 million CNY to implement projects upon which the two sides would agree. The parliament approved the decree, and […]<\/p>\n","protected":false},"author":40,"featured_media":140252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7863],"tags":[10084,2484,8470,41792],"class_list":["post-140251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-section","tag-china","tag-egypt","tag-sisi","tag-xi-jinping"],"yoast_head":"\n