Egypt is pushing the frontiers in collaborations through economic diplomacy via three key principles, according to Rania Al-Mashat, Minister of International Cooperation.
The minister noted that the principles are Multi-Stakeholder Platforms, Global Partnerships Narrative and the Official Development Assistance (ODA) sustainable development goals (SDG) Mapping Framework.
“We are actively involving our stakeholders to enhance a sense of shared ownership and knowledge, to accelerate progress in development and impact more human lives,” Minister Al-Mashat explained.
Writing on her social media accounts, she added, “By working together, we can rebuild better, and now is the time. We are not only thinking about returning to a world we once had, but creating and advancing to the world we want to live in. This is how we build back better Egypt.”
The minister has chaired the second meeting of the joint coordination cooperation platform between multilateral and bilateral development partners, to highlight and discuss aspects of the active ongoing partnerships portfolio.
The wide array of projects and initiatives that are under negotiation and implementation in various sectors, were also reviewed during the discussions. These ongoing projects cover health, electricity, transportation, housing, community development, education, and women empowerment. They place an emphasis on partnerships that directly support the private sector, with financing from domestic banks.
Minister Al-Mashat affirmed that the joint coordination cooperation platform is just one of the three paths that her ministry is working on. It looks to strengthen and advance the efforts of economic diplomacy in the service of the National Development Agenda 2030, which is consistent with the 17 SDGs announced by the United Nations.
She pointed out that many workshops are being held, as part of the platform, with the participation of relevant ministries and officials from international institutions. The minister also shed light on the development efforts in the various sectors and defined financing priorities during the coming period.