12-06-2004, 03:09 AM
China backs Egypt's efforts to get UN Security Council seat
Egypt-China, Politics, 12/3/2004
Chinese Ambassador to Egypt Wu Sike yesterday stressed his country's appreciation for the strenuous efforts exerted by President Hosni Mubarak and the Egyptian government to settle the Palestinian issue and positive role in solving the Darfur problem.
The ambassador said that his country supported the Egyptian efforts to get a permanent membership at the Security Council, adding that contacts were underway in this respect.
In statements on the occasion of the Chinese embassy's annual celebration of Egyptian Mediamen Day, the Chinese diplomat said a delegation of 100 businessmen led by the Chinese trade minister are due in Cairo on Saturday to probe the possibility of carrying out ventures in the free zone north of Gulf of Suez to increase economic cooperation between the two countries.
A symposium on Egyptian-Chinese investment will be held on Sunday attended by many ministers, businessmen and investors from both nations, he added.
The size of trade exchange between Egypt and China reached $ 1.170 billion during the period from January till September 2004 with an increase by 51.1 percent compared to the same period last year, he said.
He pointed out to an increase in Egypt's exports to China by 49.9 percent reaching $ 151 million and China's investments reached 104 ventures till June worth $ 150 million.
He noted the Egyptian-Chinese cooperation in the fields of electronics, information, environment protection, medicine and pharmaceuticals in addition to development of northwest of Suez economic areas.
Egypt-China, Politics, 12/3/2004
Chinese Ambassador to Egypt Wu Sike yesterday stressed his country's appreciation for the strenuous efforts exerted by President Hosni Mubarak and the Egyptian government to settle the Palestinian issue and positive role in solving the Darfur problem.
The ambassador said that his country supported the Egyptian efforts to get a permanent membership at the Security Council, adding that contacts were underway in this respect.
In statements on the occasion of the Chinese embassy's annual celebration of Egyptian Mediamen Day, the Chinese diplomat said a delegation of 100 businessmen led by the Chinese trade minister are due in Cairo on Saturday to probe the possibility of carrying out ventures in the free zone north of Gulf of Suez to increase economic cooperation between the two countries.
A symposium on Egyptian-Chinese investment will be held on Sunday attended by many ministers, businessmen and investors from both nations, he added.
The size of trade exchange between Egypt and China reached $ 1.170 billion during the period from January till September 2004 with an increase by 51.1 percent compared to the same period last year, he said.
He pointed out to an increase in Egypt's exports to China by 49.9 percent reaching $ 151 million and China's investments reached 104 ventures till June worth $ 150 million.
He noted the Egyptian-Chinese cooperation in the fields of electronics, information, environment protection, medicine and pharmaceuticals in addition to development of northwest of Suez economic areas.