Interview by President of the Arab Republic of Egypt El Sisi to Xinhua
Thursday، 01 September 2016 - 11:54 AM
Interview by H.E. President of the Arab Republic of Egypt Abdel Fattah El Sisi to the Chinese News Agency Xinhua Wednesday 31/8/2016
President Abdel Fattah El Sisi on Wednesday 31/8/2016 granted an interview to the Chinese News Agency Xinhua ahead of a state visit to China during which he will attend the 11th session of G-20 Summit that will be held there on .
In his interview, the Egyptian president expressed his confidence that the summit will be a success and will help fulfill the aspirations of the member-states' peoples and the international community at large.
The president asserted that Egypt is keen on benefiting from the major Chinese experiment in several domains, especially that bilateral relations are getting closer and stronger.
President Sisi asserted that an invitation he had received from the Chinese president to attend the summit attests to the depth of relations of friendship and partnership between the two countries. It also reflects the importance that a country with a regional and international weight like Egypt takes part in such a major event, added the president.
The president confirmed that Egypt is seeking, through its participation in the summit, to support the priorities of the Chinese presidency and cooperate for achieving these priorities.
The summit, added the president, is seeking to create an international economy where all efforts are integrated. The developing countries are in need of the economic experience of developed countries at a time when the developed countries need promising markets of the developing countries to sell their products, he explained.
The summit will underline the importance of building a comprehensive international economy where economic crises in some countries would spiral out to affect negatively the ability of other countries to undertake an active role at the international level. This would lead to a state of economic stagnation and decrease in the international trade movement, added the president.
As for Egyptian-Chinese relations, the president explained that these relations are time-honored and well-established. Egypt has been one of the first Arab and African countries that recognized China in 1956. Also, China has its own economic and demographic weight at the international level besides its political influence, said the president. Also, the cultural bonds between the two peoples can not be disregarded, he added, noting that the two countries are representing two of the oldest civilizations in human history.
Egyptian-Chinese relations are getting stronger day after another, said the president, adding that they extend to cover several domains of cooperation at the political, economic, military and security levels. They also cover the social and cultural fields, he pointed out.
The president noted that he visited China two times in 2014 and 2015 while the Chinese president visited Egypt in January this year. This shows keenness of both countries to upgrade bilateral relations in several domains. He made reference that strategic partnership between the two countries was announced during his China visit in 2014.
Sisi expressed Egypt's keenness on investing close relations with China for setting up three-way cooperation grouping other African and Arab countries and promoting cooperation within South-South framework.
As for measures that were adopted by Egypt to overcome its economic difficulties, the president said that Egyptian efforts resulted in establishing one of the most important democratic transformation model examples in the region despite crises that are plaguing this region. These efforts resulted in restoring the State's prestige and coherence of its institutions. They also led to establishing security and sovereignty of law within a political framework that holds high the values of democracy and adopts the principle of separation among authorities, the president pointed out, noting that all this will help revive the national economy and contribute to creating a safe atmosphere for local and foreign investments.
President Sisi explained that the negative impact of the situation in Egypt after January 2011 can not be disregarded where production decreased and revenues from tourism went down. Egypt is exerting efforts to handle this situation through obtaining a loan from the International Monetary Fund for financing the deficit in the general budget, he added.
The president asserted that the Egyptian government is working to implement reform measures including rationalizing subsidy, while providing social protection to the low-income segments. He further pointed out to a program for sustainable and comprehensive development in Egypt until the year 2030 which is aimed at attracting more investments and providing a safe and secure atmosphere for development and production. This program includes upgrading investment-related laws while encouraging the private sector to enter into partnerships with the government in projects for reviving the national economy, said president Sisi.
Answering a question on the Chinese strategy of "the Belt and the Road" and its role in enhancing economic growth in Egypt and other countries, president Sisi confirmed that Egypt is supporting the initiative to revive the Silk Road while it could be a major launching pad for implementing this initiative through the projects that are carried out in the Suez Canal zone.
As for measures implemented by Egypt and China in cooperation for fighting terrorism and extremism, the president said that the world now became so complicated and changing rapidly and confronting new challenges atop of which comes terrorism that is seeking to destroy the lives of peoples and undermine their national institutions. Terrorist groups would have a safe haven in areas that are lacking security and stability. Under this state of affairs, the role of G-20 member states, atop of which comes China, is highlighted for playing an active role at the international level towards several issues the most important of which is fighting terrorism, added the president. He explained that the group's member-states constitute around two thirds of the world's population and around 85 percent of the international domestic product and more than 75 percent of world trade.
Concluding his interview, the president said that Egypt is seeking to enhance its relations with China in all fields including fighting terrorism that should be implemented within a comprehensive strategy that would not stop only at military and security cooperation. This strategy should cover all social and economic aspects along with cultural and intellectual dimensions of the problem, said the president, noting that providing security should go side by side with creating a suitable atmosphere for economic growth and creating job opportunities along with drying out financing resources of these terrorist groups and applying punitive measures against countries that are supporting them.