CAIRO \u2013 7 February 2022: Egypt\u2019s president Abdel Fattah al Sisi said in a joint press conference with Djiboutian counterpart Ismail Omar Guelleh that the bilateral cooperation between Egypt and Djibouti witnessed \u2018important qualitative\u2019 steps in all fields during the past period.<\/p>\n
He added that he agreed with President Omar Guelleh on increasing mutual investments between both countries and supporting the economic development efforts in Djibouti.<\/p>\n
The talks included agreeing on establishing a branch of Banque Misr, increase the volume of trade exchange, and establishing an Egyptian logistics zone in Djibouti, according to Sisi.<\/p>\n
The president also noted that the talks highlighted strengthening cooperation in the areas of transport and port connectivity along with operating a direct Air flight between Cairo and Djibouti.<\/p>\n
Sisi and Guelleh also discussed the Grand Ethiopian Renaissance Dam updates, as Egypt\u2019s President affirmed the country\u2019s political will to reach a binding legal agreement on filling and operating the Renaissance Dam.<\/p>\n
Both leaders also discussed the regional situation in the Horn of Africa and the security of the Red Sea<\/p>\n
President of Djibouti Ismail Omar Guelleh described the talks with President Sisi as \u2018fruitful and constructive\u2019. He indicated that they agreed to develop relations between the two countries.<\/p>\n
Egypt\u2019s President Abdel Fattah al Sisi received, Monday his Djiboutian counterpart Ismail Omar Guelleh at Al-Ittihadiya Palace in an official ceremony.<\/p>\n
Last May, Sisi headed early to Djibouti to hold a summit meeting with counterpart Ismail Omar Guelleh.<\/p>\n
The visit was the first of its kind as no Egyptian chief of state has ever visited Djibouti. As indicated by Presidency Spokesperson Bassam Rady.<\/p>\n
The two leaders held a press conference in which President Sisi said: \u201cIt is my pleasure to be the first president of the Arab Republic of Egypt to hold a state visit to Djibouti, which plays a pivotal role in the region\u201d<\/p>\n
The president stated he had carried out “fruitful and constructive consultations” with counterpart. The talks examined ways of bolstering and developing bilateral ties on the political, economic, security, and military levels. That will be achieved by boosting trade exchange rates, and intensifying cooperation in the field of capacity-building through training courses offered by the Egyptian Agency of Partnership for Development (EAPD).<\/p>\n
Egypt Today<\/p>\n","protected":false},"excerpt":{"rendered":"
CAIRO \u2013 7 February 2022: Egypt\u2019s president Abdel Fattah al Sisi said in a joint press conference with Djiboutian counterpart Ismail Omar Guelleh that the bilateral cooperation between Egypt and Djibouti witnessed \u2018important qualitative\u2019 steps in all fields during the past period. He added that he agreed with President Omar Guelleh on increasing mutual investments […]<\/p>\n","protected":false},"author":40,"featured_media":251388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7863],"tags":[2484,8151,8470,79274],"class_list":["post-251387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-section","tag-egypt","tag-investments","tag-sisi","tag-trade-volume"],"yoast_head":"\n