French President Visits Cairo to Boost Bilateral Economic Ties

French President Visits Cairo to Boost Bilateral Economic Ties

French President, Francois Hollande, arrives to Egypt seeking to boost economic ties between the two countries, Ahram Online reported.

The French President is accompanied by a host of diplomats and businessmen tasked with securing a large arms deal with Egypt, as well as dozens of agreements on memorandums of understanding on electricity, renewable energy, and sewage system projects, wrote Egypt Independent.

Presidential Spokesman Alaa Youssef said the visit reflects a mutual desire to further boost relations. The visit will provide an opportunity to promote cooperation with France in all fields, particularly the economic one, he added, the State Information Service informed on its website.

Youssef noted that Hollande will lead a large delegation of business representatives and specialists in several sectors including energy, aviation, defense, infrastructure, transportation, environment, communications and information technology.

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