CAIRO, Nov 4 (MENA) – Egypt and the US signed first-ever bilateral Strategic Objective Agreement, on Wednesday, to expand economic cooperation in energy, water management, infrastructure, technology and other development sectors.
Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty attended the signing ceremony alongside the ministers of finance, supply and internal trade, and higher education and scientific research.
The Strategic Objectives Framework Agreement was signed by Deputy Foreign Minister for International Cooperation Samar al-Ahdal and US Embassy Chargé d’Affaires Robert Silverman.
The agreement commits $125 million in US funding to expand opportunities for American companies in Egypt and drive private-sector growth in both countries.
Foreign Ministry spokesman Nader Zaki said that the agreement aims to support economic growth, create jobs and improve public services in Egypt through cooperation with the United States.
It includes the use of American technology to develop water and energy systems, infrastructure, education, healthcare and government services.
The agreement also covers cooperation in artificial intelligence and food security, including the use of modern agricultural methods to improve food production. (MENA)
Egypt, US sign first-ever strategic objective agreement Egypt Independent.
Hence then, the article about egypt us sign first ever strategic objective agreement was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt, US sign first-ever strategic objective agreement )
Also on site :
- 38 Years Ago Today, ’60s Rock Band Formed by Teenagers Beat Phil Collins to Secure Their 4th and Final No. 1 Hit
- South African president’s party takes early election lead
- Quote Of The Day By Jeff Bridges: 'I Thought, If Death Is The End Of The Story, The End Of The Book, Then Marriage Is...'