Pakistan Christian TV

Breaking news and world news from Pakisthan Christian TV on Business, Sports, Culture. Video news. News from the US, Europe, Asia Pacific, Africa, Middle East, America.

Al-Mashad discusses strengthening joint economic cooperation with the United Kingdom

Al-Mashad discusses strengthening joint economic cooperation with the United Kingdom

During the spring meetings of the International Monetary Fund and the World Bank, the Minister of International Cooperation, Dr. Rania Al-Mashad met with Vita Bani, Director of International Finance at the Ministry of Economy and Finance in the United Kingdom. It is taking place in the US capital, Washington, the ministry said in a statement today.

They discussed the joint economic relations between Egypt and the United Kingdom and the cooperation within the framework of the Egyptian leadership of the COP27 of the United Nations Climate Conference, especially at the financial day level taking place within the activities of the international conference. The results of an earlier meeting with Commonwealth and North African Affairs Minister Prabhu Ahmed in the United Kingdom and the impact of emerging markets, the global food crisis and the outcome of air travel were discussed. Russian money.

During the meeting, the Minister of International Cooperation noted the outstanding relations between Egypt with bilateral and bilateral development partners and the financial assistance received by the Government for development policies over the past year from the World Bank and the Asian Infrastructure Investment Bank. $ 720 million, which enhances the continuity of government efforts for structural reforms, enhancing the role of the private sector in growth and promoting efforts to empower women.

The Minister of International Cooperation also stressed the importance of the United Nations Climate Conference to be held in Egypt later this year, referring to the ongoing discussions between the Government and the Multilateral and Bilateral Development Partners to continue the efforts of the international community in the field of climate action and to highlight Africa’s ambitions on the transition to a green economy. Collaborate on the day.

See also  "Johnson's Speeches and a Royal Visit" .. The most important centers of Egyptian-British relations

He emphasized the importance of innovative funding in advancing climate change, expanding the base of private sector participation in financing adaptation programs and mitigating the effects of climate change, and the role that diversified development banks should play in promoting this type of financing. The Government is working to develop strategies for collaborative action.

He also drew attention to the possibility of incorporating green fund components to enhance the implementation of credit transfer programs and eco-friendly programs for development between Egypt, Germany and Italy. The meeting also discussed efforts to improve meal time and social security networks.