- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Chinese Leader to Arrive in Egypt Wednesday for ‘Historic’ Visit

© Host photo agency / Go to the mediabankPresident of the People’s Republic of China Xi Jinping
President of the People’s Republic of China Xi Jinping - Sputnik International
Subscribe
Chinese President Xi Jinping is expected to arrive in the Egyptian capital Cairo on Wednesday for a two-day official visit that will focus on economy and politics.

Tourists walk by the beach at the Egyptian Red Sea resort of Sharm el-Sheikh on November 2, 2015. - Sputnik International
Egypt to Become Great Platform for China's Economic Expansion in the Region
CAIRO (Sputnik) During his visit, which has already been dubbed "historic" by Egyptian media, the Chinese and Egyptian leaders are anticipated to sign a dozen deals and protocols worth $10 billion.

The two countries will reportedly ink an agreement on the establishment of a Chinese industrial zone along the Suez Canal, and discuss participation of Chinese construction firms in building a new administrative capital east of Cairo.

China is also looking to invest into an array of Egypt’s economic projects and promote cooperation on finance, energy, electricity, transport and civil aviation.

On the international scale, President Xi and his Egyptian counterpart Abdel Fattah Sisi will look at the urgent problems faced by North Africa and the Middle East, specifically in light of armed conflicts in Syria, Libya, and Yemen.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала