They both discussed the joint economic relations between Egypt and South Korea. Al-Mashat emphasized the importance of joint cooperation with South Korea for development efforts in Egypt, as this is within its 2030 Vision. Ambassador Jin-wook said that South Korea sees Egypt as a priority partner country in official development assistance during the period between 2021/2025. In that light, there will be tremendous expansion of development cooperation between the two countries in the coming period. The ongoing development finance portfolio between Egypt and South Korea amounts to $473 million covering several sectors such as, high education, information technology and transportation.

Source: Egypt Today May 20, 2021 12:11 UTC