Egypt’s Finance Minister emphasises improvement in Egypt-Korea economic relations over past 3 years
Ambassador of South Korea to Egypt Hong Jin-wook has praised the Egyptian economy’s great performance that has shown resilience and maintained positive growth rates amid the novel coronavirus (COVID-19) pandemic.
He added that it has performed particularly well compared to other countries in the Middle East and North Africa (MENA) region.
The Ambassador’s remarks came during a webinar organised by the South Korean Embassy, in collaboration with the Korea Institute for International Economic Policy (KIEP) and Egypt’s Ministry of Finance. The webinar focused on sharing South Korea’s extensive experiences in development.
The move comes in response to Egyptian President Abdel Fattah Al-Sisi’s directives to ensure the exchange of knowledge and experience with South Korea on developing policies for stimulating domestic consumption and encouraging people to replace and renew durable goods such as obsolete vehicles.
Read More: https://dailynewsegypt.com/2020/12/05/south-korea-praises-egypts-economic-performance-amid-covid-19/
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