Dr. Hussein Issa, Deputy Prime Minister for Economic Affairs, attended a celebration at the Korean Embassy in Cairo to mark Korea's National Day. He represented Prime Minister Mostafa Madbouli at the event, which was also attended by Dr. Mohamed Farid, Minister of Investment and Foreign Trade, and Kim Wan-jung, Korean Ambassador to Egypt. The ceremony was a significant event, highlighting the strong relationship between Egypt and Korea.
In his speech, Dr. Issa extended warm congratulations to the Korean government and people on their National Day. He emphasized Egypt's support for Korea's struggle for independence and freedom, praising the country's developmental experience. Dr. Issa also highlighted the long-standing friendship and partnership between Egypt and Korea, which is based on mutual cooperation and benefit for both nations.
Dr. Issa noted that Egypt and Korea share a common goal of promoting stability in various regions of the world through dialogue and diplomatic solutions. He recalled the 30th anniversary of diplomatic relations between the two countries last year, which was marked by Korean President Lee Jae-myung's visit to Egypt in November 2025. Both countries are eager to expand cooperation, increase trade, and encourage Korean investments in Egypt.
The relationship between Egypt and Korea has witnessed significant growth over the past three decades, particularly in the economic sphere. The volume of trade between the two countries has increased substantially, and Korean investments in Egypt have grown, especially in the industrial sector. Korean companies, including those producing electronic devices, have become a notable aspect of bilateral relations.
Dr. Issa praised the favorable investment environment in Egypt, which has enabled Korean companies to benefit from the local market and neighboring countries with which Egypt has free trade agreements. These companies have contributed to the localization of industry and technology transfer. He expressed his hope for further progress and development in Korea and stronger relations between the two nations.
The celebration was attended by several ambassadors and dignitaries, underscoring the importance of the event. Dr. Issa's participation on behalf of Prime Minister Madbouli demonstrated Egypt's commitment to strengthening ties with Korea. The event provided an opportunity for both countries to reaffirm their shared interests and cooperation in various fields.
The strong bilateral relationship between Egypt and Korea is expected to continue growing, with both countries seeking to enhance cooperation in trade, investment, and other areas. The Korean National Day celebration in Cairo served as a platform to highlight the achievements of this partnership and look forward to future developments.
Key points
- Dr. Hussein Issa represented Prime Minister Mostafa Madbouli at the Korean National Day celebration in Cairo.
- Egypt and Korea have a long-standing friendship and partnership based on mutual cooperation and benefit.
- The two countries are seeking to expand cooperation, increase trade, and encourage Korean investments in Egypt.