Korean embassy organized the Arab-Korean Dialogue on June 20, and Roundtable on Korea-Egypt Business Cooperation on June 21 in cooperation with the Middle East Forum for Industrial Cooperation which is visiting Egypt from June 18 to 22.
The Middle East Forum for Industrial Cooperation consists of Middle East region experts from various institutions. It aims to enhance economic ties between Korea and the countries in the Middle East and to work as an academic consultative channel, playing various key roles. It has been funded by the Korean Ministry of Trade, Industry, and Energy since 2018.
On June 20, The Arab-Korean Dialogue was organized by the Korean Embassy in cooperation with the Institute of Arab Research and Studies.
The dialogue was held in the presence of H.E. Hong Jin-wook, Korean Ambassador to Egypt, the Middle East Forum for Industrial Cooperation including Prof. Park Hyondo, the Sogang Euro-MENA Institute, Dr. Lee Kwon Hyung, president of the Center for Area Studies at the Korea Institute for International Economic Policy (KIEP), Dr. Jang Ji-Hyang, director of the Middle East and North Africa(MENA) Center at the Asan Institute for Policy Studies, Dr. Sung Il Kwang, the president of Korean Association of Israel Studies.
On the Institute’s side, the dialogue was held in the presence of Prof. Mohamed Kamal, Director of the Institute of Arab Research and Studies, H.E. Amb. Mohamed El Orabi, former Egyptian Foreign Minister, H.E. Amb. Mohamed Anis, former Ambassador at the UN, and H.E. Amb. Ahmed Megahid, former Ambassador at the Egyptian Ministry of Foreign Affairs, Dr Riham, Bahi, Associate professor at the institute, and Sally Abdelmoez, Assistant Professor of Public Policy and Public Finance at the Institute.
The dialogue aims to exchange in-depth views between two countries’ scholars on the global and regional issues including the Ukraine crisis, Israel-Palestine, Iran issues, and US-China competition in the region.
Ambassador Hong said he was very pleased to hold this very meaningful seminar, highlighting the importance of gatherings that brings together both countries’ key experts in academic fields, to exchange views on global and regional issues and deepen mutual understanding during the rapidly changing global situation including Ukrainian War.
Ambassador Hong hoped enhancing bilateral academic exchanges between academic experts of the two countries could be a solid foundation for the development of the bilateral ties.
Following the presentation “the New Middle East: Issues and Challenges” made by Dr. Sung Il Kwang, the president of the Korean Association of Israel Studies, and the presentation “The Middle East According to Egypt” made by Prof. Mohamed Kamal, both countries’ scholars had a round-table discussion on various global and regional issues.
On June 21, in the presence of H.E. Hong Jin-wook, Korean Ambassador to Egypt, the Middle East Forum for Industrial Cooperation, Eng. Ali Eissa, Chairman of EBA, Khaled Nosseir, the Chairman of Egypt-Korea Business Council, the Roundtable on Korea-Egypt Business Cooperation co-organized by the Korean Embassy and EBA was held at the Egyptian Businessmen’s Association.
The roundtable aims to introduce the Korea-Egypt business environment and promising areas of cooperation to potential Egyptian investors willing to collaborate with Korea. It was attended by Egyptian businessmen, KOTRA, and KOICA, with the participation of representatives from the Korean Embassy, Egypt-Korea Business Council, and EBA.
Ambassador Hong thanked Egypt-Korea Business Council and EBA for their efforts in enhancing bilateral economic ties.
He stressed that Egypt is Korea’s most important strategic partner in the region and that Korea is a good role model for Egypt’s national development. Ambassador Hong added that there are plenty of cooperation areas as Korea designated Egypt as an ODA priority cooperation country for 5 years during 2021-2025.
Ambassador Hong hoped more and more Egyptian companies will strengthen their future collaboration with Korea.
Prof. Park Hyondo, the Sogang Euro-MENA Institute, and the Middle East Forum for Industrial Cooperation made presentations on the business environment between Korea and Egypt and introduced promising areas of cooperation and the economic outlook of Korea following the inauguration of the new government.
Following the presentation, participants had an open discussion on various areas of business cooperation between the two countries.
Moreover, Egyptian businessmen praised the results of the round table, stressing that it was very fruitful, timely, and helpful for their understanding of the Korean business environment and the overview of the Korean economic situation, hoping that bilateral economic cooperation is further strengthened and deepened.