The Egyptian President is captivated by the relationship between the two countries, making a surprise announcement.

In the name of God, the Most Gracious, the Most Merciful. Hello. We welcome the Egyptian people's warm welcome to President Lee Jae-myung, who has made the first visit to Egypt. This visit was made based on the mutual interests of both countries to strengthen bilateral relations. This visit is even more meaningful as it takes place in the year commemorating the 30th anniversary of diplomatic relations between the two countries. Through this visit, we can feel the relationship of friendship and cooperation that has developed based on mutual respect between the two countries. The relationship between the two countries has developed based on mutual respect, peace, and development cooperation, reaching the level of a comprehensive cooperative partnership. The relationship between Egypt and Korea has built a bridge between the civilizations and cultures of both countries, and at the same time, the relationship between the two countries has evolved into a model of constructive cooperation that maximizes mutual benefit while respecting the dignity of the people of both nations. Today, through our conversation, we have explored various aspects of the bilateral relationship between Egypt and the Republic of Korea with the President. In particular, we discussed the current cooperation and several important projects in which Korean companies are participating in Egypt. We take this opportunity to invite Korean companies operating in Egypt to expand the scale of their business and create more jobs. We also hope that new companies will enter Egypt. Today, we agreed that concrete steps are needed to achieve greater cooperation in various fields between the two countries. In particular, the fields of artificial intelligence, communications, science, and information technology are important. This is because technology leads one field and greatly contributes to the productivity growth and business expansion of various fields. We also encourage Korean companies to participate in the construction and development projects in the Suez Canal Economic Zone. This seems like a good opportunity to utilize Korea's technological capabilities. We also encourage the expansion of the presence of automobile manufacturing and construction companies in the Egyptian market. We hope they will utilize the investment promotion environment set by the Egyptian government in establishing new industries in Egypt.