The relationship between Egypt and China is characterized by a distinctive strategic partnership that spans political, economic, military, and cultural dimensions. This partnership is rooted in shared values, ancient histories, and mutual interests that benefit both nations. The leadership of both countries has demonstrated a strong political will to continuously enhance these ties, supported by institutional frameworks that ensure regular progress.
In recent years, under President El-Sisi, Egypt’s pivot towards Asia has strengthened its economic and strategic cooperation with China. This aligns with Egypt’s foreign policy of diversifying partnerships and leveraging the comparative advantages of major economies like China. Diplomacy focused on development has enabled Egypt to attract foreign investments, adopt advanced technologies, and open new markets for its goods. Egypt maintains a policy of positive neutrality, avoiding entanglement in global power rivalries, while fostering strategic partnerships with multiple nations, including China.
Economically, China, as the world’s second-largest economy with a GDP exceeding $19 trillion, offers valuable developmental insights. It is Egypt’s largest trading partner, with trade volumes reaching $17 billion in 2023. Chinese investments in Egypt exceed $9 billion, spread across various regions such as the Suez Canal Economic Zone and the New Administrative Capital. These investments span technology, energy, automotive, and metal industries, reflecting Egypt’s attractiveness as an investment destination due to its political and security stability. Egypt serves as China’s gateway to the Middle East and Africa, while China offers Egypt access to the vast Asian market.
Politically, Egypt and China cooperate closely to enhance regional security and stability, particularly in the Middle East. China supports Arab causes, advocates for peaceful conflict resolution, and combats terrorism. Militarily, joint exercises between the two nations demonstrate their commitment to addressing shared challenges, such as threats to international navigation and trade.
— new from (بوابة الأهرام)