This came in a statement issued on Wednesday by the Ministry of Planning about the meeting between Said and South Korean Ambassador to Egypt Hong Yin Wook.
Minister of International Cooperation, Dr. Rania Al-Mashat, and Ambassador of South Korea to Egypt, Hong Yin Wook, discussed future avenues of bilateral cooperation for 2021 and the status of ongoing projects in the current year; reaffirming unwavering commitment to deepen bilateral relations between the two countries.
The meeting comes after Egypt's ratification of a convention on joining the Seoul-based IVI, the Ministry of Foreign Affairs said in a statement Thursday.
This move comes in response to H.E. President Sisi’s directives to exchange with the Republic of Korea knowledge and experience on developing policies for stimulating domestic consumption and encouraging people to replace and renew durable goods such as obsolete vehicles
Egypt has become South Korea's key investment destination in Africa, with total investments worth $600 million, South Korean ambassador to Egypt Hong Yin Wook said.
The meeting reviewed the activities of GS Engineering and Construction Company (GS E&C), which participated in the establishment of the Egyptian Refining Company (ERC)'s refinery in Mostorod.
Egypt U-23 national team started the U-23 friendly tournament with a goalless draw against South Korea.
Ghareeb announced the team’s squad for November camp as the team will face Brazil and South Korea, as part of the preparations for Tokyo Olympic Games.
Earlier in May 2020, the Korean government provided $200,000 cash to fund emergency health response activities with the outbreak of the COVID-19 in Egypt.
The meeting focused on success stories of South Korean companies operating in Egypt, especially in the fields of electronics and home appliances.
President Abdel Fattah El Sisi received on Tuesday a telephone call from President of South Korea Moon Jae-In, during which they discussed fostering bilateral relations and partnership between both countries.
The meeting tackled the manufacturing and delivering 32 new air-conditioned trains to Egypt.
The most important terms of trade exchange included engineering and electronic goods, furniture, ready-made clothes, chemical products, fertilizers and medical industries.
The Ministry of Finance launched the green bonds to encourage the private sector to invest in green projects, besides funding the green businesses by the state.
This came during Ma’it’s meeting with Hong Jin-wook, the new ambassador of South Korea in Cairo.
A third batch of the new air-conditioned metro trains and tunnels are expected to arrive in September.
The project includes improving the efficiency of patent management, by using the online patent application system, facilitating the public access to patent information, establishing an electronic services portal for the public, setting up a capacity development program by sending Korean experts to the Egyptian Patent Office, and training office members in South Korea.
The agreement, signed in 2019, is worth 317 million Euros and L.E. 640 million (which is equal to L.E. 6.361 billion).
Some tech-savvy followers of K-pop music have emerged as increasingly active players in American politics, but in the birthplace of the genre, South Korean fans are wary that their favorite artists will be pulled into foreign partisan fights.
Tottenham Hotspur's South Korean striker Son Heung-min began his three-week military training at a marines boot camp on Monday, a report said, with the Premier League on hold over the coronavirus pandemic.