Yoon Talks with Egyptian President... Requests "Interest and Support" for Korean Companies

President Al-Sisi "Welcomes the Expansion of Korean Companies with Global Technology"

[Image source=Yonhap News]

[Asia Economy Reporter Ki-min Lee] On the 20th, President Yoon Suk-yeol requested Abdel Fattah al-Sisi, President of Egypt, to show interest in and support for the activities of Korean companies.

President Yoon held a phone call with President al-Sisi of Egypt in the afternoon and discussed cooperation plans between Korea and Egypt, the presidential office spokesperson Lee Jae-myung conveyed in a written briefing.

During the call, President Yoon evaluated the relationship with Egypt, saying, "Since the establishment of diplomatic relations in 1995, the two countries have steadily developed a mutually beneficial cooperative relationship," and added, "I am particularly satisfied that cooperation between the two countries is expanding into various fields such as nuclear power, defense industry, infrastructure, and development cooperation."

He then requested President al-Sisi's interest and support for the activities of Korean companies operating in Egypt.

President al-Sisi also responded, "I am pleased that cooperation between the two countries is deepening not only in infrastructure but also in fields such as nuclear power," and said, "We actively welcome Korean companies with world-class technologies entering Egypt in sectors including hydrogen energy, green economy, electric vehicles, and shipbuilding."

He further stated, "Egypt plans to host the 27th United Nations Climate Change Conference of the Parties (COP27) this November, representing Africa and developing countries."

President Yoon said, "A climate and environment ambassador will attend the summit as a special presidential envoy," and added, "Korea will also actively cooperate for the success of the conference."

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