Arab Today, arab today sinoafrica trade exchage to hit dlrs 400 bn in 2020
Last Updated : GMT 18:22:38
Arab Today, arab today
Arab Today, arab today

Sino-Africa trade exchage to hit dlrs 400 bn in 2020

Arab Today, arab today

Arab Today, arab today Sino-Africa trade exchage to hit dlrs 400 bn in 2020

Prime minister Sharif ismail
Johannesburg - Mena

African-Chinese trade exchange can reach 400 billion dollars by 2020, Egyptian Prime Minister Sherif Ismail said.

In statements to reporters on Saturday on the fringe of the Forum on China-Africa Cooperation (FOCAC), Ismail said China is a key power in the African market and it would give voice to African needs when it chairs the G20 in 2016.

He said China participates in several major projects in Egypt, especially in the economic zone in northwest the Gulf of Suez.

In addition to ongoing Chinese projects in Egypt, there will be 10 ventures to be implemented in the coming period, including generating electricity from coal, developing power transmission networks and manufacturing electric equipment, he said.

He noted that some Chinese companies have become partners with US firms operating in the field of oil prospecting in Egypt.

Egypt and China are negotiating several projects, including the electric train project in eastern Cairo, he said.

Egypt plans to lure investments from China and a number of states to do business in the Suez Canal area, especially after the inauguration of the East Port Said harbor development project.

He added that there is continued coordination with China at international forums, especially with regard to fighting terror in which Egypt plays a key role, citing the danger of terror which extended to many world countries.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sinoafrica trade exchage to hit dlrs 400 bn in 2020 Arab Today, arab today sinoafrica trade exchage to hit dlrs 400 bn in 2020

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sinoafrica trade exchage to hit dlrs 400 bn in 2020 Arab Today, arab today sinoafrica trade exchage to hit dlrs 400 bn in 2020

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday