Friday, August 26, 2016

Interview: Egypt eyes bigger role in Belt and Road initiative at G20 summit

Xinhua   2016-08-26

by Mahmoud Fouly, Emad al-Azrak 

CAIRO, Aug. 26 (Xinhua) -- The G20 summit in China with Egypt's participation as a guest of honor represents an opportunity to further boost Egyptian-Chinese economic partnership, Alaa Haider, editor-in-chief of Egypt's official MENA news agency, told Xinhua in an interview.  Chinese President Xi Jinping invited his Egyptian counterpart Abdel-Fattah al-Sisi to attend the summit that will be held in eastern China's Hangzhou city on Sept. 4-5, gathering the leaders of the world's largest economies.  "The G20 summit is significant for China and the whole world, as it is held this year under the theme of stimulating and urging world trade, which has declined over the past two years since the last G20 summit in 2014," said Haider, adding that China sees Egypt as a key player in the turmoil-stricken Middle East region.  Egypt is currently working on the necessary infrastructure for the development of its Suez Canal corridor after the recent expansion of the vital waterway, while China is working on the Belt and Road Initiative proposed by President Xi Jinping in 2013.