The book was praised by many international institutions and development partners as it sheds light on the pioneering experience of Egypt in launching a government-led framework for economic diplomacy with the aim to advance international cooperation mechanisms to help achieve sustainable development goals.
 

It also sheds light on different methodologies that could very well be shared with developing and emerging countries.

Titled “Stakeholder Engagement through Economic Diplomacy”, the book was launched at an international event that was attended by Carmen Reinhart, Vice President and Chief Economist of the World Bank Group, and Eric Berglöf, Chief Economist at the Asian Infrastructure Investment Bank.

Both Reinhart and Berglöf were pleased with the Egyptian experiment.

Reinhart called it a big step toward achieving greater transparency.

Berglöf said the book makes it clear how international cooperation and development financing could help countries address their top priority files.

He said the Egyptian model of development cooperation is sure effective and influential, believing it would be used by many other parties.

The Ministry of International Cooperation launched Egypt’s principles of economic diplomacy in order to harness the socio-economic outcomes of development financing, as well as to ensure that development projects are in line with national priorities and the UN sustainable development goals, and finally to improve the mechanisms of development cooperation to effectively implement projects.