from Ahram Online
The US “welcomes” Egyptian President Abdel-Fattah El-Sisi’s “steps to improve economic conditions,” US Secretary of State John Kerry said Sunday at the start of the US-Egypt Strategic Dialogue.
John Kerry met with Egyptian Foreign Minister Sameh Shoukri. Kerry will also meet with President El-Sisi later today.
In a press conference, Kerry said that the importance of US-Egypt relations “cannot be overstated.”
Kerry expressed the United States’ support for Egypt’s economy, saying the US is ready to work with Egypt to “attract more capital.”
In an effort to boost the economy and improve infrastructure, Egypt has been seeking to attract foreign investment since El-Sisi assumed office.
Kerry also addressed security concerns in the region, mainly over the rise of Islamic State group militants, saying his government is “committed to the security… of the Egyptian people.”
Meanwhile, Shoukri said that Cairo looks forward to “close cooperation” on the military front which, he said, will help achieve security and enhance economic opportunities for investors.
The meetings were scheduled to take place over two days. However, due to last minute changes, the dialogue has been shortened to just one day.
Some of the meetings that were supposed to take place between the US delegation and representatives of the Egyptian private sector in the Egyptian-US Chamber of Commerce were canceled accordingly.
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