Egypt looks to develop cooperation with Vietnam – minister

Egypt looks to develop cooperation with Vietnam and benefit from its successful experience in pushing forward the local economy and development in governorates, mainly the establishment of industrial zones and small and medium-sized projects, Egyptian Local Development Minister said on Wednesday.

This came during the talks the Mahmoud Shaarawy held here on Wednesday with a member of the Communist Party of Vietnam and his accompanying delegation.

Sharaawy lauded the great progress that Vietnam achieved at the economic and development levels through the country’s modernization experience.

The two sides discussed prospects of cooperation in several domains, particularly in the decentralization experience and creating job opportunities as well as training and qualifying local cadres.

The talks touched on activating the fraternity agreement between Luxor and a Vietnamese city and supporting the Vietnamese presence in the African continent in light of Egypt’s current chairmanship of the African Union.

The Vietnamese official asserted his country’s keenness on beefing up joint investments in all economic fields, noting that Hanoi seeks to promote trade exchange with Cairo as well as to address the current trade imbalance.

Vietnam attaches importance to importing several Egyptian products, he stressed.

Source: MENA