Courtesy Call on Foreign Minister Taro Kono by Dr. Sahar Nasr, Minister of Investment and International Cooperation of the Arab Republic of Egypt

December 18, 2017
Japanese

  • Courtesy Call on Foreign Minister Taro Kono by Dr. Sahar Nasr, Minister of Investment and International Cooperation of the Arab Republic of Egypt 1
  • Courtesy Call on Foreign Minister Taro Kono by Dr. Sahar Nasr, Minister of Investment and International Cooperation of the Arab Republic of Egypt 2
  1. On December 18, commencing at 12:00 p.m. for approximately 30 minutes, Mr. Taro Kono, Minister for Foreign Affairs, received a courtesy call from Dr. Sahar Nasr, Minister of Investment and International Cooperation of the Arab Republic of Egypt. The overview of the courtesy call is as follows.

    1. At the beginning, there was an exchange of notes concerning the Project for Procurement of Education and Research Equipment for the Egypt-Japan University of Science and Technology (E-JUST) (Phase 2), and Foreign Minister Kono welcomed the steady progress of the Egypt-Japan Education Partnership (EJEP), which was agreed upon with H.E. Mr. Abdel-Fattah El-Sisi, President of the Arab Republic of Egypt, during the Japan-Egypt summit meeting occurring during President El-Sisi’s visit to Japan in 2016.

    2. In addition, Foreign Minister Kono highly appreciated Minister Nasr’s initiative to attractinvestment from Japanese companies into Egypt through participation in the Egypt Investment Seminar held in Tokyo. He also stated his expectations for the expansion of Japan-Egypt people-to-people exchanges and investment through the resumption of direct flights between the countries starting in October 2017. Additionally, he highly evaluated the stable basis of Egypt’s macroeconomics through economic reforms such as the introduction of value-added tax (VAT), and stated that Japan will support such efforts.

    3. In response, Minister Nasr gave an explanation of Egypt’s economic reforms and initiatives to improve the investment environment and expressed her aspiration for more investment from Japan. She also expressed gratitude for Japan’s support for the EJEP and the Grand Egyptian Museum Construction Project.

    [Reference] Grant Aid for the Project for Procurement of Education and Research Equipment for the Egypt-Japan University of Science and Technology (E-JUST) (Phase 2)
    Japan implemented support for the improvement of the education and research capabilities of E-JUST, which was established in 2010. This project provides grand aid (up to 993 million yen) for the education and research equipment for third and fourth year courses at the engineering department, which opened in September 2017. It is expected that this enable the approximately 2,000 students enrolled in the engineering department to receive Japanese-style engineering education, which attaches importance to small class size, practice, and research, and will contribute to realizing sustainable economic growth and job creation through the development of industrial human resources.