Egypt, China launch third phase of Suez Canal industrial zone, expand currency swap

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Egypt, China launch third phase of Suez Canal industrial zone, expand currency swap

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Egypt and China have agreed to initiate the third phase of the Egyptian-Chinese industrial zone in the Suez Canal Economic Zone. They also expanded their local currency swap agreement during Chinese President Xi Jinping's state visit to Egypt, enhancing bilateral economic and industrial cooperation.

Egypt and China have agreed to launch the third phase of the Egyptian-Chinese industrial zone in the Suez Canal Economic Zone and increase their local currency swap agreement, the two nations announced during a state visit by Chinese President Xi Jinping. Β  β€œI take this opportunity to announce the agreement to launch the third phase […] The post Egypt, China launch third phase of Suez Canal industrial zone, expand currency swap first appeared on Dailynewsegypt.

Markets Deals Real Estate Egypt China Suez Canal industrial zone currency swap economic cooperation Xi Jinping state visit

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