Egypt, France probe strengthening development partnerships

Egyptian Minister of Planning and Economic Development Ahmed Rostom met with French Minister of Economy, Finance, and Industrial, Energy and Digital Sovereignty Roland Lescure on Thursday, June 4, 2026. The discussion in Paris centered on enhancing economic relations and identifying future areas for cooperation within their development partnership.

The meeting occurred on the sidelines of the second day of the Ministerial Council Meeting of the Organization for Economic Co-operation and Development (OECD) in the French capital. This engagement is part of ongoing progress in Egyptian-French economic and development relations, operating under the patronage of Presidents Abdel Fattah al-Sisi and Emmanuel Macron.

Rostom highlighted the Egyptian government's appreciation for the robust development partnership with France. He noted that cooperation has broadened significantly in recent years, now encompassing additional areas that align with the development priorities of both countries. This partnership has evolved into a long-term development framework, reflecting the strong historical ties between Egypt and European Union member states.

The minister emphasized that reciprocal high-level visits have been instrumental in expanding cooperation. Key areas now include trade and investment, infrastructure financing, energy, industrial localization, climate project financing, educational development, and support for Egypt's economic reform program. Egypt is keen to leverage this continuous progress to further strengthen bilateral economic relations.

Rostom stressed Egypt's commitment to expanding cooperation with the private sector, viewing it as a crucial pillar of Egypt Vision 2030. He acknowledged the private sector's vital role in driving development and economic growth. These efforts are part of a larger strategy to boost the Egyptian economy's competitiveness, increase exports, attract investments, create jobs, and solidify Egypt's position as a regional hub for industry and logistics services.