SEOUL -- Seoul has signed a deal to lend Egypt up to $1 billion for infrastructure development, paving the way for South Korean companies to join railway, subway and marine desalination projects in the African nation.
International relations
South Korea inks deal to lend Egypt $1bn for infrastructure
With Moon in Cairo, leaders also discuss sale of self-propelled howitzers
South Korean President Moon Jae-in, left, meets with Egyptian counterpart Abdel Fattah el-Sisi in Cairo on Jan. 20. © Egyptian presidency via Reuters
Read Next
Latest on International relations
