CAIRO: Egypt and France are expected to sign a total of 19 cooperation agreements in fields of renewable energy and electricity during French President Françoise Hollande’s visit to Cairo Sunday, said Egyptian Foreign Ministry Spokesperson Ahmed Abu Zeid.
“The French President’s meeting with President Abdel Fatah al-Sisi will tackle the Libyan and Syrian crises, the Palestinian issue, counter-terrorism, and fighting radical ideology,” Abu Zeid added in remarks to Al-Hayat al-Youm talk show on al-Hayat channel Saturday evening.
President Hollande is accompanied by 100 French businesspersons in light of increasing investments in Egypt, Abu Zeid continued.
The two leaders are expected to sign 1 billion Euros ($1.12 billion) worth of deals on warships and a military satellite as a part of Egypt’s efforts to boost its military capabilities to fight ongoing militancy in the restive Sinai Peninsula, Al Ahram reported earlier this month.
On Aug. 6, 2015, Hollande participated in the inauguration ceremony of the new Suez Canal as an honorary guest.
The relations between both countries have recently been enhanced, particularly in the military field; in June 2015, the Egyptian navy received a European multipurpose frigate from a shipyard in Lorient, western France, weighing 6,000 tons and measuring 142 meters long. In January, the Egyptian air fleet received six out of 24 Rafale fighter jets per a $5.9-billion deal signed in February 2015 between both countries.
Egypt is expecting to receive two Mistral helicopter Carriers from France in June and September, an anonymous source told AFP Feb. 6, 2016.