Foreign Minister Presents Egypt's Approach to Enhancing Economic Cooperation and Achieving Sustainable Development in Africa
Dr. Badr Abdel-Aty, Minister of Foreign Affairs, International Cooperation, and Egyptians Abroad, participated in the ministerial session entitled "Enhancing Economic Cooperation – Promoting Shared Prosperity and Sustainable Growth" within the framework of the Korea-Africa Ministerial Meeting.
On Monday, June 1st, Dr. Badr Abdel-Aty, Minister of Foreign Affairs, International Cooperation, and Egyptians Abroad, participated in the ministerial session entitled "Enhancing Economic Cooperation – Promoting Shared Prosperity and Sustainable Growth" within the framework of the Korea-Africa Ministerial Meeting. He presented Egypt's vision for strengthening the partnership between the Republic of Korea and African countries in a way that contributes to supporting sustainable development efforts and achieving shared prosperity.
In his address, Minister Abdel-Aty emphasized that the African continent possesses promising potential for achieving comprehensive and sustainable development, given its abundant natural resources and young human capital. He noted that addressing the challenges related to peace, security, and development requires adopting a comprehensive approach based on infrastructure development, industrialization, technology transfer and localization, and supporting efforts to adapt to climate change and enhance food, water, and energy security, as well as supporting post-conflict reconstruction and development efforts.
In closing, the Minister reviewed the ongoing preparations for Egypt to host the first edition of the "El Alamein-Africa" Business Forum this month, on the sidelines of the African Union Coordination Summit mid-year. He affirmed that the forum will serve as an important platform for strengthening trade and investment partnerships across the continent, and extended an invitation to the Korean side and Korean companies to actively participate and capitalize on the promising investment opportunities offered by African markets.
