China, Egypt should continuously simplify trade and investment procedures: Chinese Premier

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

CAIRO, July 9 (Xinhua) — China and Egypt should continuously simplify bilateral trade and investment procedures, strengthen industrial connectivity and market connectivity, and strive for higher-level mutually beneficial and win-win cooperation, Chinese Premier Li Qiang said in Cairo on Wednesday.

Li Qiang made the remarks during a meeting with Hanafi Ali El-Gebali, Speaker of the Egyptian House of Representatives (lower house of parliament). The Chinese premier is on an official visit to Egypt at the invitation of Prime Minister Mostafa Madbouly.

Although China and Egypt are geographically far from each other, the friendship between the two countries has a long history, Li Qiang pointed out.

According to him, since the establishment of bilateral diplomatic relations, the traditional Chinese-Egyptian friendship remains unchanged no matter how the international situation changes, and the dynamics of bilateral ties and cooperation continue to grow, demonstrating powerful internal energy.

China is willing to further develop the traditional friendship with Egypt, strengthen political mutual trust, firmly support each other on issues related to the two sides' core interests and major concerns, continuously elevate China-Egypt relations to new heights and achieve new results in bilateral cooperation, bringing more benefits to the peoples of both countries, Li Qiang stressed.

He also called on both sides to maintain friendly exchanges between the legislative bodies of the two countries, strengthen political communication, share experiences in public administration and continuously improve mutual understanding.

Noting that China is willing to deepen the alignment of development strategies with Egypt, the Chinese premier said the two sides should carry out high-quality cooperation under the Belt and Road Initiative and utilize the Forum on China-Arab States Cooperation and the Forum on China-Africa Cooperation to steadily improve the quality of economic and trade cooperation between the two countries.

Li Qiang pointed out that the two sides should cooperate in ensuring the sustainable operation of major bilateral projects, continuously simplify bilateral trade and investment procedures, strengthen industrial connectivity and market connectivity, and expand cooperation in emerging areas such as the digital economy and green development, so as to achieve a higher level of mutual benefit and win-win results.

China hopes to maintain close communication and coordination with Egypt within the framework of mechanisms such as the UN, BRICS and the Shanghai Cooperation Organization, promote joint efforts by all parties to safeguard the basic norms of international relations and the multilateral trading system, so as to inject more positive energy into world peace and development, the Chinese leader added. –0–

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