The French Senate's friendship group with Egypt has highlighted the growing cooperation between the two countries. Senator Catherine Morin-Desay, head of the French-Egyptian parliamentary friendship group, stated that Egypt's development programs are extensive and ambitious, encouraging investments and opening up significant opportunities for French companies. This is particularly evident in engineering and infrastructure development.
The Egyptian-French Business Forum, organized by Business France in partnership with the French Senate, aims to support investment partnerships between French companies and Egyptian national projects. The forum, held at the Luxembourg Palace, provides a vital platform for French companies to explore opportunities in Egypt. Morin-Desay emphasized that the forum demonstrates the strength of French-Egyptian relations and provides a chance for Egyptian ministers to meet participating French companies.
The forum seeks to confirm the solidity of French-Egyptian partnerships and explore opportunities for French companies to establish and expand their operations in Egypt. This is the second business forum of its kind, with the first being held previously. Morin-Desay noted that it was essential to reorganize the forum at the French Senate to assess opportunities for French companies and better understand areas of cooperation that align with Egypt's development priorities.
Morin-Desay cited the French-Egyptian cooperation in transportation, particularly the Cairo Metro, as a notable example of bilateral collaboration. The senator also highlighted the importance of the forum in building on shared experiences and strengthening ties between French and Egyptian companies. This cooperation aligns with Egypt's economic development and growth.
Relations between the French and Egyptian Senates are long-standing, with Morin-Desay having served as head of the friendship group for nearly 20 years. She revealed that President Abdel Fattah El-Sisi maintains excellent relations with French Senate President Gerard Larcher. The senator emphasized that parliamentary relations between the two countries are characterized by frequent visits and contacts, driving cooperation forward.
Morin-Desay discussed cooperation in education and the French language, noting that Egypt prioritizes education and training. She highlighted Egypt's potential for development and its aspiration to become a regional hub in Africa. The senator also emphasized France's commitment to enhancing cooperation with Egypt in education, training, and higher education.
The senator concluded by expressing her confidence that French-Egyptian relations will continue to intensify, particularly in the face of global threats. She emphasized the importance of countries that support multilateralism and engage with various parties, highlighting Egypt's strong relationships with different stakeholders. Economic relations between Egypt and France are also expected to grow, driven by infrastructure development and increased trade.
Key points
- Egypt's development programs offer significant opportunities for French companies.
- The French-Egyptian Business Forum aims to support investment partnerships between French companies and Egyptian national projects.
- French-Egyptian cooperation extends to education, training, and cultural exchange.