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Japan to provide ¥33 bln aid to Egypt next year

The two leaders agreed to maintain close relations and cooperate in a wide range of areas. (Kantei)
The two leaders agreed to maintain close relations and cooperate in a wide range of areas. (Kantei)
The two leaders agreed to maintain close relations and cooperate in a wide range of areas. (Kantei)
The two leaders agreed to maintain close relations and cooperate in a wide range of areas. (Kantei)
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02 Dec 2023 01:12:44 GMT9
02 Dec 2023 01:12:44 GMT9

Arab News Japan

DUBAI: Japan will provide approximately 33 billion yen (230 million dollars) to Egypt in 2024 based on how severe the economic and financial situation is, Prime Minister KISHIDA told Egypt’s President Abdel-Fattah El-SISI on Friday. 

Currently visiting Dubai to attend COP28, Kishida held a working lunch with El-Sisi, where they spoke for around 90 minutes. 

Kishida shared that, based on Egypt’s needs, Japan will provide financial assistance while confirming the completion of IMF reviews and other factors. El-Sisi expressed his gratitude for Japan’s assistance. 

Regarding the current situation in Gaza, Kishida said that Japan welcomes the pause in fighting, the release of hostages, and the increased delivery of humanitarian aid to the Gaza strip.

Kishida acknowledged Egypt’s crucial diplomatic support concerning the conflict in Gaza, including the Cairo Summit for Peace and helping to get humanitarian aid into the Gaza Strip.

Kishida said that all parties must comply with international law, including international humanitarian law, and that during military operations, all possible measures need to be taken to prevent civilian casualties. He expressed his hope that Egypt would continue to play a role in such matters.

In response, El-Sisi showed appreciation for Japan’s support to improve the situation and stressed the importance of a permanent ceasefire and acting seriously as an international community to find a solution for the Palestinian issue. 

The two leaders agreed to maintain close cooperation in a wide range of areas, such as politics, economy, culture, security, and climate change, based on the Strategic Partnership between the two countries.

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