Prime Minister Nikol Pashinyan's official visit to the Arab Republic of Egypt continues. Prime Minister Pashinyan met with Egyptian Prime Minister Mostafa Madbouly in the New Administrative Capital.

The latter welcomed the Prime Minister's visit to the New Administrative Capital that is being bewly constructed and emphasized the importance of multi-sectoral cooperation between Armenia and Egypt. Mostafa Madbouly emphasized the centuries-old deep historical relations between the two countries and added that the Armenian community of Egypt lives consolidated with the Egyptian society without any problems. Mr. Madbouly noted the effective meetings of the Armenian Prime Minister with the President of the country and representatives of business circles aimed at strengthening and promoting economic ties. At the same time, Mostafa Madbouly thanked the Armenian government for contributing to the development of Egypt-EAEU cooperation.

Prime Minister Pashinyan thanked for the warm reception and added that he had productive discussions with the Egyptian President. Nikol Pashinyan expressed hope that economic cooperation will deepen along with excellent bilateral political relations as a result of his official visit. In this regard, the Prime Minister also emphasized the importance of the meeting with the businessmen. At the same time, it was emphasized that the session of the Armenia-Egypt intergovernmental cooperation commission and the parallel business forum will be held in the near future, during which various investment proposals will be presented. Prime Minister Pashinyan also highlighted Egypt's support in logistical issues for sending humanitarian aid from Armenia to Gaza.

At the meeting, the interlocutors discussed issues related to the expansion of trade turnover, the possibilities of implementation of investment programs. Mostafa Madbouly thanked the Armenian side for naming one of Yerevan's squares after Egypt and added that the Egyptian side will name one of the capital's squares after Armenia.

The sides exchanged ideas on issues related to the construction process of the New Administrative Capital in Egypt, as well as the Academic City in Armenia.

An agreement was reached to hold a meeting of the Armenia-Egypt intergovernmental commission and a business forum in the coming months.