President Moon arrives in Cairo for summit with Egyptian president
Updated: 2022-01-20 13:45:42 KST
President Moon Jae-in arrived in Egypt Wednesday evening, local time, for a three-day working visit.
On Thursday, he'll hold a summit with Egyptian President Abdel Fattah Al-Sisi to discuss ways to bolster their comprehensive cooperative partnership.
They are expected to seek ways to work together in future oriented and sustainable areas, such as eco-friendly mobility, marine and digital governance.
Egypt has adopted Vision 2030 - an initiative to achieve green growth and diversify its industries.
Eyes will also be on whether they ink any defense deals, with Seoul and Cairo known to be in negotiations to export South Korea's K9 Thunder self-propelled howitzers to Egypt.
President Moon will also attend a business roundtable to discuss ways to bolster bilateral cooperation in future and green industries, like electric cars, IT and transportation.
South Korea is also seeking an FTA with Egypt - which would be Seoul's first with an African nation.
Bilateral trade amounted to 2.1 billion U.S. dollars during the January-November period in 2021, up from 1.5 billion for the whole of 2020.
Before arriving in Cairo, President Moon was in Saudi Arabia on a two-day official visit.
On Tuesday, he met Nayef bin Falah Al-Hajraf the Secretary General of the Gulf Cooperation Council - to announce the resumption of free trade talks with the six-member Gulf group.
Comprised of Saudi Arabia, the UAE, Oman, Bahrain, Kuwait and Qatar the countries account for over 60 percent of South Korea's crude imports.
If signed, the deal is expected to contribute to stabilizing supply chains and expand trade in products and services.
President Moon also visited a construction site of the Riyadh Metro a six-line subway system due to open this year.
South Korea's Samsung C&T is one of the companies working on its construction.
President Moon's trip to Egypt is the first in 16 years for a South Korean leader.
Cairo is the final leg of his week-long tour to the Middle East and Africa.
"Through Moon's visit, the top office hopes to expand the scope of bilateral cooperation and help pave the way for South Korean companies to enter Africa. Kim Min-ji, Arirang News. Cairo."