The establishment of the Egypt-China comprehensive strategic partnership in 2014 marked a milestone in bilateral ties, broadening cooperation to encompass economic, political and strategic dimensions, Tarek Nosseir, president of the Cairo-based think tank Global Forum for Future Studies, told Xinhua in a recent interview.
The forum publishes several studies on China, including its annual report "China in a Year," which provides in-depth analysis of Chinese affairs and Egypt-China relations.
"The bilateral partnership has driven growing Chinese investment in Egypt," he said, attributing the ongoing progress to the alignment of the BRI and Egypt Vision 2030.
He added that the BRI, together with other China-proposed initiatives, promotes development, security and stability, particularly in the Global South, by improving infrastructure, enhancing connectivity and helping narrow the development gap.
He noted that the China-proposed initiatives are grounded in the principles of international law and non-interference in internal affairs, offering developing countries a model of mutually beneficial cooperation without stringent political conditions.
"The initiatives also seek to empower developing countries and promote multilateralism by giving the Global South a stronger voice and fostering development institutions that better represent its interests," he said.
Egypt has reaped substantial economic and development benefits from its participation in the BRI, the expert noted, saying that the initiative has contributed to Egypt's economic development and clean energy transition through large-scale renewable energy projects, improvements to the national power grid, and the expansion and modernization of transport networks.
It has also helped boost bilateral trade, facilitate technology transfer in Egypt's manufacturing and telecommunications sectors, and deepen cultural and educational exchanges between the two countries, Nosseir added.
Editor:Evan


