News

Egypt, France to Sign 30 Agreements During Hollande’s Visit to Cairo

Egypt, France to Sign 30 Agreements During Hollande’s Visit to Cairo

26112014-hollande-sisi-pari

French President François Hollande is expected to ink 30 agreements with Egypt during his visit to Cairo later this month, France’s ambassador to Egypt said on Sunday.

According to Ambassador Andre Parant, Hollande is set to land in Cairo on April 18 for a four-day visit and is set to sign agreements in the fields of energy, vocational training, culture and tourism.

Hollande, who will be accompanied by “two or three” ministers and as many as 60 businessmen, is also expected to discuss furthering military cooperation between Egypt and France.

Parant noted that the annual trade between France and Egypt currently amounts to EUR 2.5 billion but that the two countries are keen to further boost French investment in Egypt.

France and Egypt have nurtured their bilateral ties over the last several months, particularly in terms of military cooperation.

Last year, the two countries signed a deal worth EUR 950 million for Egypt to purchase two Mistral warships, with Saudi Arabia expected to contribute a “significant” portion of the financing.

Egypt also purchased 24 Rafale fighter jets worth EUR 5 billion early last year. The February 2015 deal also included the purchase of a frigate and missiles from French aircraft manufacturer Dassault Aviation.

Egypt's Former Minister of Agriculture Sentenced to 10 Years in Prison for Corruption
Egypt Signs 10 Agreements, MOUs with Saudi Funds To Develop Sinai

Subscribe to our newsletter


News

More in News

Egypt Parliament Expels MP Critical of Government

Egyptian StreetsMarch 1, 2017

Russia, China Veto Resolution Imposing Sanctions on Syrian Regime, Egypt Abstains

Egyptian StreetsFebruary 28, 2017

Cairo’s Population to Be the Fastest Growing across the World in 2017

Egyptian StreetsFebruary 28, 2017

Egypt Refuses Entry to Top Palestinian Leader, Deports Him to Jordan

Egyptian StreetsFebruary 28, 2017

Egypt’s Christians Live in Good Conditions, Freely Exercise Rituals: Angela Merkel

Egyptian StreetsFebruary 27, 2017

Egypt Parliament Rejects Calls to Abolish Death Penalty

Egyptian StreetsFebruary 27, 2017

Moonlight’s Mahershala Ali Becomes First Muslim Actor Ever to Win an Oscar

Aya NaderFebruary 27, 2017

Egyptian MP Files Motion to Extend Presidential Terms from 4 to 6 Years

Egyptian StreetsFebruary 26, 2017
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 ES Media UG. All Rights Reserved.