On Monday, Chargé d’Affaires of the US Embassy in Cairo Nicole Champagne said that her country was and will remain a strong long-term partner for Egypt.
During her speech at the International Conference on Alternative Financing Opportunities in Egypt for Sustainable Financing for Development, the Chargé d’Affaires stressed that the US will participate in the COP27 climate summit that Egypt will host next November in support of a green future and provide green job opportunities for Egyptian youth.
The conference is being held in cooperation between the Macroeconomic Reform and Stability Project funded by the US Agency for International Development, the Ministry of Planning and Economic Development, and the Ministry of Finance.
“During decades of partnership between Washington and Cairo, the United States has invested $80 billion in Egypt, $30 billion in economic development, and $50 billion in national defense,” Champagne said.
She added, “The past few years witnessed a large number of activities between the American and Egyptian sides, especially in the green economy and economic development, which confirms Egypt’s support for development efforts.”
She added that the United States is cooperating with Egypt in all fields within the framework of the partnership that brings the two sides together, noting that the governments of the two countries are trying to deal with climate change.
Champagne expressed her confidence that Egypt, in cooperation with other countries, will try to search for sustainable solutions to climate change, especially since Egypt is one of the most affected countries by climate change, stressing Washington’s support for the ambitious goals of development in Egypt.