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Business Standard: Egypt reaffirms support to China's B&R Initiative

Egypt supports the Belt and Road Initiative that connects China with the world's continents through massive networks of land and sea routes.
07.11.17 | Interesting article at Business Standard

Egypt has reaffirmed its support to China's Belt and Road (B&R) Initiative and called for increased Chinese investment, a media report said.

"Egypt supports the Belt and Road Initiative that connects China with the world's continents through massive networks of land and sea routes," Ibrahim Mahlab, Egyptian President's assistant for strategic and national projects, told a forum in Cairo on Monday , Xinhua news agency reported.

Describing the China-Egypt ties as "strong, unique and sustainable", Mahlab expected the initiative to "restructure the traditional models of world trade".

Highlighting the significance of Egypt's strategic location for the Belt and Road Initiative, Mahlab said "being a central point between Africa and Asia, Egypt is also a focal axis of Arab and African trade".