President Moon Attends Korea-Egypt Business Roundtable

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] President Moon Jae-in, who is on an official visit to Egypt, attended the 'Korea-Egypt Future and Green Business Roundtable' held in Cairo on the 20th (local time).

The event was attended by 40 people, including Egyptian Prime Minister Mostafa Madbouly, Minister of Trade, Industry and Energy Moon Seung-wook, government officials from both countries, Joo Si-bo, Chairman of the Korea-Egypt Economic Cooperation Committee, and Ali Helmy Eissa, Chairman of the Egyptian Businessmen's Association (EBA).

At this event, Korean companies presented cooperation plans in eco-friendly transportation, digital/ICT, future vehicles, and seawater desalination, while Egyptian companies proposed cooperation plans in finance and investment, renewable energy, bio-health, and resource recycling.

In his opening remarks, President Moon emphasized that Egypt is a youthful country with half of its population under 30 years old, possessing many young and talented individuals with unlimited development potential, and that Korea will pioneer the future of the post-COVID era together with Egypt.

As the main directions for cooperation between the two countries, he suggested ▲ cooperation to strengthen the trade and investment base ▲ cooperation in eco-friendly fields to jointly respond to climate change ▲ cooperation in future industries such as electric vehicles and smart cities.

Meanwhile, immediately after the event, five memorandums of understanding and letters of intent were signed to implement eco-friendly and future industry cooperation between the two countries.

This content was produced with the assistance of AI translation services.