Egypt, Japan development cooperation portfolio amounts to $2.8bln: Al-Mashat

Egypt, Japan development cooperation portfolio amounts to $2.8bln: Al-Mashat

Egypt - Rania Al-Mashat, Minister of International Cooperation has revealed that the cooperation projects between Egypt and Japan reached $2.8bn.

Al-Mashat and Hiroshi Oka, the Japanese ambassador in Cairo, launched the the Japan-Egypt High Level Policy Dialogue on Development Cooperation in the light of following up on the development of joint relations, and discussing future cooperation opportunities.

The dialogue was attended by representatives of the Japanese Embassy in Cairo, the Japan International Cooperation Agency (JICA), the Japan Bank for International Cooperation (JBIC), and the Japan External Trade Organisation (JETRO).

The Minister stressed the importance of holding a high-level policy dialogue between the Egyptian and Japanese sides, which has become a major approach in the Ministry of International Cooperation that is followed with all multilateral and bilateral development partners in the presence of representatives of all ministries and national authorities to formulate development cooperation strategies, in a way that enhances joint development efforts within the framework of the state’s development priorities.

Al-Mashat pointed out the importance of holding a policy dialogue at a high level of representation with the aim of strengthening strategic relations between the two countries, upgrading the development cooperation portfolio, which currently represents $2.8bn, and exchanging visions and views on future cooperation