News

Sisi Encourages Japanese Tourists, Investors to Visit Egypt in Speech to Japan’s Parliament

Sisi Encourages Japanese Tourists, Investors to Visit Egypt in Speech to Japan’s Parliament

56d43d5ec1f9f2016-02-29T041722Z_1334491097_GF10000327751_RTRMADP_3_JAPAN-EGYPT_1456749917

Egypt’s President Abdel Fattah Al-Sisi urged Japanese investors and tourists to come to Egypt  in his speech to Japan’s parliament on Monday, saying he is bringing a “message of cooperation and brotherhood” on behalf of the Egyptian people.

“Egypt has taken several steps and passed laws to facilitate investments and is one of the countries with the highest returns on investment worldwide,” Al-Sisi said, adding, “Egypt welcomes Japanese investors looking to contribute to [Egypt’s ongoing] projects for the two countries’ mutual benefit.”

In the first speech an Egyptian president has delivered to the Japanese parliament, Al-Sisi said that he hopes to see the momentum of Japanese tourism to Egypt to return to normal and asserted that “Egypt’s state agencies will spare no effort to ensure the safety and security of its visitors from all corners of the world.”

Al-Sisi also discussed the “internal difficulties” Egypt is currently facing, particularly in light of the state of the region as a whole. He said that the country managed to “avoid slipping into the fate of other countries in the region torn apart by strife and civil war, with terrorism multiplying their people’s suffering” – a reference to the often-used statement that Egypt could have ended up like its war-torn neighbors, Syria and Iraq, had it not been for Al-Sisi’s intervention in 2013.

The president pointed to the completion of the so-called “roadmap to democracy” he introduced at the beginning of his term, which culminated in the election of a 596-member parliament.

During his visit to Japan – the second stop on his Asia tour – Al-Sisi also met with Japanese Prime Minister Shinzo Abe to discuss bilateral issues and steps to boost cooperation between the two countries.

The president oversaw the signing of several loan agreements worth USD 500 million that will finance major national projects, in addition to another agreement that will see 2,500 Egyptian students visiting Japan to “benefit from the Japanese educational system” over the next five years.

Al-Sisi is due to visit South Korea next, where he is expected to meet with South Korea’s president and the heads of several of the country’s biggest companies to discuss ways to enhance bilateral relations.

Pittsburgh Football Player DeAngelo Williams Visits Egypt to Promote American Football
CEO of Egyptian Democratic Academy NGO Barred from Travel

Subscribe to our newsletter


News

More in News

Saudi MFA: Temporary Umrah Pilgrimage Ban Due to Coronavirus Fears

Egyptian StreetsFebruary 27, 2020

VAT Increases on Local, Imported Tobacco Products

Egyptian StreetsFebruary 26, 2020

Three Days of National Mourning Declared Across Egypt to Mark Mubarak’s Death

Egyptian StreetsFebruary 25, 2020

Military Funeral to Be Held Tomorrow For Former President Mubarak

Egyptian StreetsFebruary 25, 2020

Former Egyptian President Mubarak Passes Away Aged 91

Egyptian StreetsFebruary 25, 2020

Egyptian Woman Receives 1 Million EGP Compensation Over HIV Transmission From Husband

Egyptian StreetsFebruary 24, 2020

Egypt to Propose New Strict Penalties for Female Genital Mutilation

Egyptian StreetsFebruary 22, 2020

UAE Honors Sir Magdi Yacoub and Donates 360 Million for New Cairo Heart Center

Egyptian StreetsFebruary 22, 2020