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Egyptian Finance Minister Aims for Stronger Ties with Asian Bank
Egyptian Finance Minister Ahmed Kouchouk emphasized that Egypt aims to strengthen its partnership with the Asian Infrastructure Investment Bank, in order to support development priorities and investments within the country. He pointed out that Egypt's strategic location gives it a central role in enhancing economic and investment connectivity between Asia and Africa, with a focus on sustainable infrastructure projects that are resilient to climate change. He also highlighted the importance of diversifying sources of funding and encouraging private investments through innovative financing mechanisms, as well as increasing concessional financing to foster partnerships with international institutions in areas such as green transformation and regional transportation connectivity.
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