S. Korea, Egypt agree on infrastructure investment
Diplomatic CircuitMar 3, 2016
South Korea and Egypt agreed Thursday to beef up cooperation in infrastructure development worth US$3.6 billion, paving the way for Seoul to make inroads into the fast-growing North African country.President Park Geun-hye and her Egyptian counterpart, Abdel Fattah el-Sisi, reached an agreement at a summit here, Cheong Wa Dae said.The presidential office said the two leaders were present for the signing of nine memorandums of understanding calling for Seoul's participation in Egyptian infrastruct