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South Korean President Moon Jae-in to Visit Egypt This January

President Moon Jae-in will first go to Saudi Arabia and the UAE, before arriving in Egypt to hold a summit with President Abdel Fattah El-Sisi and attend a forum on eco-friendly businesses.

To celebrate the 27th anniversary of diplomatic relations between Egypt and South Korea, South Korean President Moon Jae-in will visit Egypt from January 20th to January 21st as part of a three-country tour to bolster the comprehensive partnership between Cairo and Seoul.

President Moon Jae-in will first go to Saudi Arabia and the UAE, before arriving in Egypt to hold a summit with President Abdel Fattah El-Sisi and attend a forum on eco-friendly businesses.

Although diplomatic relations began decades ago, it developed rapidly in 2016 when President El-Sisi visited South Korea, resulting in an all-encompassing cooperative partnership. South Korean logistics firms export products bearing the slogan ‘Made in Egypt’ worth USD 700 million to a number of countries in Africa and the Middle East every year, while Egypt helps South Korea enter new markets in Africa, Europe and the Middle East, and fuel its investment activity in the region.

South Korean investment brings more than USD 570 million into 181 projects in construction, communication, tourism, agriculture and IT. Trade between Egypt and South Korea amounted to USD 2 billion in 2020, primarily made up of electronic goods, furnishings, clothing and medical products.