Egypt and China Expand the Suez Zone and Widen Their Currency Swap
5 Articles
5 Articles
70 years have passed since the 1956 Suez crisis that led France, the United Kingdom and Israel to attack Egypt that had nationalized the Canal. At so long a time, the latter is still firmly at the center of global geopolitics and China has clear in mind its relevance. It has in fact just [...] The article Xi wants China in the center of the Mediterranean. Ok to the expansion of the special industrial zone in Egypt that circumvents maritime block…
China & Egypt Agree To Settle in Local Currency, Move Away From US Dollar
China and Egypt have officially agreed to settle cross-border transactions in local currencies and move away from the US dollar. Both countries have extended their swap agreement and discussed deepening cooperation in sectors like construction, energy, manufacturing, and agriculture. The Xi Jinping...
Egypt and China launch next phase of Suez free zone deal
Egypt and China have agreed to launch the third phase of their industrial area in the Suez Canal Economic Zone as the North African nation seeks to attract more overseas investments. The expansion of the Egyptian-Chinese industrial zone was announced by President Abdel Fattah El-Sisi and Chinese President Xi Jinping, according to an Egyptian cabinet […]
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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