The joint statement on launching negotiations was signed by Egypt’s Minister of Investment and Foreign Trade Mohamed Farid and his South Korean counterpart during a meeting between President Abdel Fattah El-Sisi and South Korean President Lee Jae Myung.
The agreements were signed during President El-Sisi’s participation in the first-ever EU–Egypt Summit, which underscored the growing strategic partnership between Cairo and Brussels.
Collectively, the projects will involve the drilling of 10 exploratory wells.
Egyptian Ministry of Labor's overseas offices continue to provide crucial support to millions of Egyptian workers abroad.
