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Abdullah meets Egyptian Prime Minister

posted on 06/08/2013: 2412 views

Egyptian Prime Minister Dr Hazem El Beblawi received UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan on Monday.

Sheikh Abdullah conveyed the greetings of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

In his remarks during the meeting, Sheikh Abdullah underscored the prominent stature of Egypt as an Arab country saying "the stability of Egypt means stability for all Arabs.”

Sheikh Abdullah bin Zayed Al Nahyan also reaffirmed the UAE's keen interest in providing full support to Egypt at the current time, not only through providing aid packages and loans to support Egypt's currency reserves, but also through medium and long-term development programmes aimed at developing a number of its national economic sectors, the most important of which is the energy sector, through investments into research and exploration fields to enable them to face all challenges efficiently and effectively.

Dr El Beblawi praised the UAE for its stance for the June 30 revolution, for its support from the very beginning to the aspirations and for security, stability and progress, as well as for its initiative to provide aid and help in a record time in order to enable the Egyptian interim government to implement the roadmap, and to find an exit from the economic crises Egypt is currently going through.

He also emphasised Egypt's need for development programmes that run in parallel with an overall industrial strategy, as aid alone does not create either growth or sustainable development.

The Egyptian Prime Minister also expressed his belief that Egypt's real strength lies in its integration with the Arab region in order to exploit the financial surpluses of wealthy countries and effectively investing them in other countries, and in Egypt in particular, which has promising investment opportunities and great growth potentials.

Sharif Shawky, the Media Adviser for Prime Minister Hazem El Beblawi, stated that the prime minister presented Sheikh Abdullah bin Zayed Al Nahyan with proposals for large development projects to which the UAE and other Arab countries can contribute. According to Shawky, El Beblawi's proposals include the construction of one million housing units for fixed-income people, the construction of healthcare units in villages and remote areas, the construction of a car and rail tunnel south Port Said under the Suez Canal in order to link the Nile Valley with the Sinai Peninsula, as well as a project to expand the entrances of the Suez Canal from the Red Sea and the Mediterranean in order to allow giant tankers to pass through the canal and therefore to double the income of the canal and give a boost to trade.

The Egyptian Prime Minister praised the UAE leadership and people's "historic and noble stances” for the Egyptian people in times of difficulty.

He underlined the efforts made by the UAE in supporting the legitimate demands of the Egyptian people and in offering timely assistance to enable the interim government implement the roadmap and overcome current economic difficulties.

The meeting, which was attended by Dr Anwar Mohammed Gargash, the UAE Minister of State for Foreign Affairs, and Mohammed bin Nakhira Al Dhaheri, the UAE Ambassador to Cairo, touched on the bilateral relations and ways to enhance them.

Afterwards, Sheikh Abdullah held a meeting with Egyptian interim Commerce & Industry Minister Muneer Fakhri and reviewed with him cooperation in commercial and industrial fields.

He also met with the Egyptian interim Finance Minister, Ahmed Jalal.

The two Egyptian interim ministers lauded the UAE's initiatives to support the Egyptian economy and to immediately help the government overcome current economic crisis. – Emirates News Agency, WAM


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