Egypt, South Korea mark 30 years of ties with economic partnership push

South Korea’s Ambassador to Egypt, Kim Yonghyon, reaffirmed his country’s commitment to expanding investment and technology partnerships with Cairo, as both nations marked 30 years since establishing diplomatic relations.

Speaking at the Egypt–South Korea Cooperation Conference in Cairo, Kim said bilateral trade has now surpassed $1.6 billion.

“While 30 years may seem relatively short, our countries have achieved much together. South Korea has become one of Egypt’s trusted partners and friends, and this partnership now extends across diplomacy, defense, trade and investment,” he said.

The ambassador underlined South Korea’s support for Egypt’s economic reforms, stressing the role of private-sector engagement.

He cited landmark projects by Korean companies, including investments worth over $700 million in Egypt’s electronics manufacturing sector and Hyundai’s contribution to assembling buses and supplying parts for public transport.