CAIRO: President Abdel Fatah al-Sisi said he welcomed an invitation to visit Tokyo from Japanese Prime Minister Shinzo Abe, and that he also “appreciated Japanese participation” in development projects in Egypt.
“I express Egyptian government and people’s appreciation to Japanese support over the past decades, expressing our aspirations to start a new cooperation between both countries, especially on the economic and development levels,” said Sisi during a news conference following a Saturday meeting with Prime Minister Abe who visiting Egypt with a high-level economical delegation.
Sisi invited Abe and the representatives from more than 30 Japanese companies to participate in Egypt’s Economic Summit that is scheduled to take place March 13-15 in the Red Sea Resort of Sharm al-Sheikh, in light of the new investments that will be offered in the summit such as the Suez Canal development project.
Saturday morning’s talks tackled the different views of certain Arab and international issues that mutual concerns on Palestinian-Israeli peace process, Syria, Iraq, and Libya, Sisi added.
Abe affirmed that his government would provide Egypt with 340 billion yen ($2.89 billion) in loans for projects including the development of Borg Al-Arab International Airport.
The Prime Minister affirmed his country’s participation in the Economic Summit, especially the Suez Canal Development project, welcoming the open of direct aviation between Egypt and Japan though EgyptAir.
In an earlier Saturday news conference with the Egyptian counterpart Ibrahim Mahlab, Abe said Saturday that Japan will provide the Middle East with $2.2 billion in non-military and humanitarian aid to combat terrorism.
“The Government of Japan will carry out assistance of 2.5 billion U.S. dollars in non-military fields including humanitarian assistance and infrastructure development, intended for the entire region,” he continued.