Mashat: billions in a portfolio of cooperation between Egypt and Japan

Mashat: billions in a portfolio of cooperation between Egypt and Japan

The Egyptian Minister of International Cooperation, Rania al-Mashat, received, on Monday, Hiroshi Oka, the new Japanese ambassador to Cairo, after presenting his credentials to the Egyptian President several days ago.

The meeting comes within the framework of the meetings held by the Minister of International Cooperation, with multilateral and bilateral development partners, to consolidate joint relations advance development efforts.

Mashat stressed the importance of the diversified development cooperation portfolio between Egypt and Japan in many sectors, which amounted to US$ 2.8 billion.

She pointed out that Japan had many contributions with the government to support its plan to respond to the coronavirus pandemic.

These plans amount to more than US$ 250 million, whether through the World Health Organization’s COVAX facility for the distribution of vaccines, or financing development policies for comprehensive health insurance, as well as grants directed to provide equipment necessary to combat the pandemic.

The Minister of International Cooperation explained that the next stage will witness more areas of cooperation within the framework of the state’s development priorities, especially benefiting from the pioneering Japanese experience in the field of comprehensive health insurance in cooperation with the French partner and the World Bank Group and the second phase of the construction of the fourth