China links key to success of African free trade initiative: Egyptian president

Speaking virtually during a meeting of the Forum on China-Africa Cooperation — attended by Chinese President Xi Jinping and a number of African leaders — he said that effective partnership with China was vital to implementing the African Continental Free Trade Area agreement.

The Egyptian leader noted that under its current presidency of the Common Market for Eastern and Southern Africa organization his country would be looking to attract foreign investment, promote integration between African and foreign private sectors, and expand digital transformation and e-commerce.

In a statement, an official spokesperson for the Egyptian Presidency said that forum members had discussed ways to consolidate links between the African continent and China, including cooperation on economic recovery schemes following the coronavirus disease (COVID-19) pandemic.

El-Sisi pointed out the importance of the forum in strengthening joint trade and investment initiatives, including debt relief programs and help for small- and medium-sized enterprises to overcome the economic crises brought about by the global virus outbreak.

He told the meeting that further investment in infrastructure projects was needed to complete the continental linkup between African countries and added that it was important to learn from the experiences of other nations in tackling the COVID-19 pandemic through prevention, biotechnology, and pharmaceutical manufacturing.

The Egyptian president lauded the vaccine manufacturing work of Egypt and China that had seen his country become the first African nation to possess the capabilities to produce vaccines against COVID-19. And he also stressed the need for joint coordination between Africa and China on issues related to strengthening peace and security.