Dive Brief:
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China and Egypt have agreed to work together on major construction projects affecting both countries.
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In a meeting between Chinese President Xi Jinping and Egyptian President Abdel Fattah al-Sisi in Beijing on Christmas Eve, the two leaders pledged to cooperate on infrastructure construction.
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The leaders also agreed to create a joint laboratory for renewable energy and to collaborate on some investment and technology projects.
Dive Insight:
China has been eager to participate in the construction of Egypt’s high-speed railway, nuclear power plant, and undersea tunnels. Egyptian officials also expressed interest in increasing tourism between the two countries.