Latest news with #KOICA
Zawya
2 days ago
- Business
- Zawya
KOICA, GOEIC sign $11mln agreement to enhance Egypt trade facilitation
Egypt - The Korea International Cooperation Agency (KOICA) and Egypt's General Organization of Export and Import Control (GOEIC) on Monday signed an $11m agreement to establish a digital platform aimed at enhancing trade facilitation in Egypt. The Record of Discussion (ROD) was signed in Cairo for the project, titled 'Establishment of the Digital Platform for risk-based inspection and tracking to facilitate trade in Egypt.' The initiative is set to run from 2025 to 2029. The signing ceremony was attended by KOICA's Deputy Country Director, Lee Myungshyn, and GOEIC's Chairperson, Essam El-Naggar. Also present were Mai Hassab El Nabbi Assal, Assistant Minister of Investment and Foreign Trade for Development Projects, International Relations, and Political Communication, and Eman Fakhry, Senior Manager of the Asian Cooperation Sector at the Ministry of Planning, Economic Development, and International Cooperation. The project aims to streamline Egypt's import cargo inspection processes and bolster the country's global trade competitiveness. Key components include the development of digital systems for cargo risk-based inspection, a laboratory information management system, and a market surveillance system. 'We believe this project will significantly enhance Egypt's trade facilitation capabilities, fostering economic growth and sustainability. Our collaboration with GOEIC marks a crucial step towards a more efficient and competitive trade environment in Egypt,' Lee Myungshyn, Deputy Country Director of KOICA Egypt Office, said. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, said that 'this project is a continuation of the coordinating efforts undertaken by the Ministry in collaboration with all concerned parties to enhance the utilization of Korean grant resources to support the Egyptian government's plans for digital transformation and promote inclusive and sustainable development.' She emphasised that through the digital platform for risk-based inspection and tracking, national efforts are supported to facilitate and develop trade flows through digital transformation. Dr. Al-Mashat also highlighted the project's importancein enhancing competitiveness by accelerating inspection and customs clearance processes, thereby reducing administrative barriers and ensuring compliance with international standards in foreign trade. Hassan El-Khatib, Minister of Investment and Foreign Trade, indicated that 'this project is part of the state's vision to govern ports, accelerate, simplify, and reduce the cost and time of conformity assessment procedures for goods at ports, aiming to decrease release times to reach global standards.' He added that this includes tightening control over the trading, importing, and exporting of low-quality goods, in line with Egypt's international commitments under the World Trade Organization's 'Trade Facilitation Agreement' regarding the implementation of integrated risk management systems in cross-border trade. Essam Al-Naggar, Chairperson of the General Authority for Export and Import Control, praised 'the support from the Korean government for implementing this project, which will contribute to establishing a modern integrated system for monitoring the import of industrial goods, including market surveillance, similar to practices in developed countries.' KOICA is a Korean government agency under the Ministry of Foreign Affairs, dedicated to implementing grant aid programmes designed to combat poverty and support sustainable socio-economic growth in developing countries worldwide. The KOICA Egypt Office, established in 1998, provides technical and technological education for youth in Egypt, supports the digitalisation of government services and systems, and carries out programmes to address gender-based violence, strengthen women's empowerment, and support vulnerable groups.
Daily News Egypt
3 days ago
- Business
- Daily News Egypt
KOICA, GOEIC sign $11 m agreement to enhance Egypt trade facilitation
The Korea International Cooperation Agency (KOICA) and Egypt's General Organization of Export and Import Control (GOEIC) on Monday signed an $11m agreement to establish a digital platform aimed at enhancing trade facilitation in Egypt. The Record of Discussion (ROD) was signed in Cairo for the project, titled 'Establishment of the Digital Platform for risk-based inspection and tracking to facilitate trade in Egypt.' The initiative is set to run from 2025 to 2029. The signing ceremony was attended by KOICA's Deputy Country Director, Lee Myungshyn, and GOEIC's Chairperson, Essam El-Naggar. Also present were Mai Hassab El Nabbi Assal, Assistant Minister of Investment and Foreign Trade for Development Projects, International Relations, and Political Communication, and Eman Fakhry, Senior Manager of the Asian Cooperation Sector at the Ministry of Planning, Economic Development, and International Cooperation. The project aims to streamline Egypt's import cargo inspection processes and bolster the country's global trade competitiveness. Key components include the development of digital systems for cargo risk-based inspection, a laboratory information management system, and a market surveillance system. 'We believe this project will significantly enhance Egypt's trade facilitation capabilities, fostering economic growth and sustainability. Our collaboration with GOEIC marks a crucial step towards a more efficient and competitive trade environment in Egypt,' Lee Myungshyn, Deputy Country Director of KOICA Egypt Office, said. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, said that 'this project is a continuation of the coordinating efforts undertaken by the Ministry in collaboration with all concerned parties to enhance the utilization of Korean grant resources to support the Egyptian government's plans for digital transformation and promote inclusive and sustainable development.' She emphasised that through the digital platform for risk-based inspection and tracking, national efforts are supported to facilitate and develop trade flows through digital transformation. Dr. Al-Mashat also highlighted the project's importancein enhancing competitiveness by accelerating inspection and customs clearance processes, thereby reducing administrative barriers and ensuring compliance with international standards in foreign trade. Hassan El-Khatib, Minister of Investment and Foreign Trade, indicated that 'this project is part of the state's vision to govern ports, accelerate, simplify, and reduce the cost and time of conformity assessment procedures for goods at ports, aiming to decrease release times to reach global standards.' He added that this includes tightening control over the trading, importing, and exporting of low-quality goods, in line with Egypt's international commitments under the World Trade Organization's 'Trade Facilitation Agreement' regarding the implementation of integrated risk management systems in cross-border trade. Essam Al-Naggar, Chairperson of the General Authority for Export and Import Control, praised 'the support from the Korean government for implementing this project, which will contribute to establishing a modern integrated system for monitoring the import of industrial goods, including market surveillance, similar to practices in developed countries.' KOICA is a Korean government agency under the Ministry of Foreign Affairs, dedicated to implementing grant aid programmes designed to combat poverty and support sustainable socio-economic growth in developing countries worldwide. The KOICA Egypt Office, established in 1998, provides technical and technological education for youth in Egypt, supports the digitalisation of government services and systems, and carries out programmes to address gender-based violence, strengthen women's empowerment, and support vulnerable groups.
See - Sada Elbalad
3 days ago
- Business
- See - Sada Elbalad
KOICA, GOEIC Sign $11m Agreement to Enhance Trade Facilitation in Egypt
Nada Mustafa Korea International Cooperation Agency (KOICA) and the General Organization of Export and Import Control (GOEIC) signed a Record of Discussion (ROD) to launch a transformative $11million project aimed at improving trade facilitation in Egypt. The project, titled 'Establishment of the Digital Platform for risk-based inspection and tracking to facilitate trade in Egypt. The signing ceremony took place in Cairo, with KOICA's Deputy Country Director, Mr. Lee Myungshyn, and GOEIC's Chairman, Mr. Essam El-Naggar, in attendance, alongside Dr. Mai Hassab El Nabbi Assal, Assistant Minister of Investment and Foreign Trade for Development Projects, International Relations, and Political Communication, and Dr. Eman Fakhry, Senior Manager of the Asian Cooperation Sector at the Ministry of Planning, Economic Development, and International Cooperation. The project aims to streamline Egypt's import cargo inspection processes and bolster Egypt's global trade competitiveness. Key components of the project include having digital systems for the cargo risk-based inspection, laboratory information management system, and market surveillance system. The project is set to run from 2025 to 2029, marking a significant investment in Egypt's trade infrastructure. "We believe this project will significantly enhance Egypt's trade facilitation capabilities, fostering economic growth and sustainability. Our collaboration with GOEIC marks a crucial step towards a more efficient and competitive trade environment in Egypt' according to the Deputy Country Director of KOICA Egypt Office For her part, Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, said that this project is a continuation of the coordinating efforts undertaken by the Ministry in collaboration with all concerned parties to enhance the utilization of Korean grant resources to support the Egyptian government's plans for digital transformation and promote inclusive and sustainable development. Through the digital platform for risk-based inspection and tracking, national efforts are supported to facilitate and develop trade flows through digital transformation. She emphasized the importance of the project in enhancing competitiveness by accelerating inspection and customs clearance processes, thereby reducing administrative barriers and ensuring compliance with international standards in foreign trade. Meanwhile, Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, indicated that this project is part of the state's vision to govern ports, accelerate, simplify, and reduce the cost and time of conformity assessment procedures for goods at ports, aiming to decrease release times to reach global standards. This includes tightening control over the trading, importing, and exporting of low-quality goods, in line with Egypt's international commitments under the World Trade Organization's "Trade Facilitation Agreement" regarding the implementation of integrated risk management systems in cross-border trade. Additionally, Engineer Essam Al-Naggar, Chairman of the General Authority for Export and Import Control, praised the support from the Korean government for implementing this project, which will contribute to establishing a modern integrated system for monitoring the import of industrial goods, including market surveillance, similar to practices in developed countries. KOICA (Korea International Cooperation Agency) is a Korean government agency under the Ministry of Foreign Affairs dedicated to implementing grant aid programs designed to combat poverty and support sustainable socio-economic growth in developing countries worldwide. The KOICA Egypt Office, established in 1998, provides technical and technological education for youth in Egypt, supports the digitalization of government services and systems, and carries out programs to address gender-based violence, strengthen women's empowerment, and support vulnerable groups. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan
Daily News Egypt
4 days ago
- Daily News Egypt
KOICA Egypt holds workshop for volunteer programme partner organisations in Cairo
The Korea International Cooperation Agency (KOICA) Egypt Office, South Korea's official development assistance agency, held its 'Annual WFK (World Friends Korea) Volunteer Programme Partner Organisations Workshop' in Cairo on 29 May 2025. The event brought together representatives from KOICA's partner ministries and organisations in Egypt. The workshop, hosted at the Holiday Inn Maadi Hotel, aimed to enhance understanding of the KOICA Egypt Office'sWFK Volunteer Programme among newly partnering organisations and to facilitate the sharing of best practices and recommendations from current partners. The event was part of KOICA Egypt Office's initiative to broaden cooperation in areas such as Korean language education, physical education, music and art, and computer skills development, delivered through Korean volunteers in local communities across Egyptian governorates. Thirty participants attended, including representatives from the KOICA Egypt Office. Attendees also represented various Egyptian partner ministries and organisations where KOICA volunteers are active. These included Egypt's Ministry of Foreign Affairs (MOFA), the Ministry of Youth and Sports (MOYS), Helwan University, Sadat City University, Luxor University, Beni Suef Technological University, the Higher Institute of Tourism and Hotels (EGOTH) in Luxor, the Higher Institute of Tourism and Hotels in 6th of October City, Misr public libraries of Cairo and Luxor, and the Taekwondo Training Centre in Aswan. Abdullah El Batesh, Assistant Minister of Youth and Sports, attended the workshop, offering congratulations and expressing a commitment to strengthening collaboration for the programme. University leaders also participated, exploring and discussing comprehensive collaboration on Korean language education within the context of tourism development at the higher education level. The workshop commenced with welcoming remarks from KOICA Egypt Office Country Director Jinyoung Kim and Abdullah El Batesh. This was followed by a comprehensive presentation covering KOICA's volunteer programme framework, the process for requesting and dispatching volunteers, activity outlines, and the undertakings of participating organisations. The Higher Institute of Tourism and Hotels in Luxor (EGOTH), a long-standing partner organisation, presented its experiences and the benefits derived from working with KOICA volunteers on its campus. Additionally, two currently serving KOICA volunteers, Oh Young Yu (MODLI, Cairo) and Hyeryeong Kim (MISR Public Library, Cairo), shared their on-site experiences and programme outcomes, offering firsthand insights into volunteer activities. A group discussion followed, during which participants reflected on their collaboration experiences, new partners shared their expectations, and actionable ideas for strengthening cooperation were proposed. This exchange aimed to build mutual understanding and synergy among attendees. Abdullah El Batesh stated, 'We look forward to applying KOICA's educational models in our youth centers. This workshop provided a valuable opportunity to align with our goals.' Ghada Tosson, Director of the University-Industry Cooperation Centre of Beni-Suef Technological University, commented, 'We have been cooperating with KOICA volunteers to offer students practical job skills opportunities for Korean language education and computing skills. We hope to strengthen our partnership to further enhance access to job markets for students in the Upper Egypt Region.' Beni-Suef Technological University was established in 2019 with the support of a KOICA grant programme (2016-2028, valued at $14m) and offers bachelor's degree programmes in mechatronics, autotronics, ICT, and railway technology. Jinyoung Kim, KOICA's Egypt Office Country Director, expressed her gratitude to all partner institutions. She stated,'Today's workshop was a meaningful occasion for planning our shared future and reinforcing our partnership,' and mentioned that active communication among stakeholders and diversified volunteer fields and activities are key to enhancing youth empowerment through the programme. The KOICA Egypt Office plans to continue working with educational and public institutions across Egypt to nurture young talent, promote cultural exchange, and contribute to sustainable community development. More than 20 volunteers are expected to be dispatched to work with youths across Egypt as of 2025. KOICA is a South Korean government agency operating under the Ministry of Foreign Affairs. It implements grant aid programmes aimed at combating poverty and supporting sustainable socio-economic growth in developing countries. The KOICA Egypt Office, established in 1998, focuses on providing technical education for youths, supporting the digitalisation of government services and systems, and carrying out programmes to address gender-based violence, strengthen women's empowerment, and support vulnerable groups.
See - Sada Elbalad
4 days ago
- See - Sada Elbalad
KOICA Holds WFK Program Partner Organization Workshop in Cairo
Rana Atef The Korea International Cooperation Agency (KOICA), South Korea's official development assistance agency, held the 'Annual WFK (World Friends Korea) Volunteer Program Partner Organizations Workshop' on May 29, 2025, at the Holiday Inn Maadi Hotel in Cairo, Egypt. The event was attended by 30 participants, including representatives from the KOICA Egypt Office and its partner ministries and organizations where KOICA volunteers are actively serving in various fields. The purpose of the workshop was to promote the understanding of the KOICA Egypt Office's WFK Volunteer Program among newly partnering organizations and to share best practices and recommendations from current organizations. This event took place in line with the KOICA Egypt Office's initiative to expand the cooperation in areas such as Korean Language education, physical education, music and art, and computer skills development through Korean volunteers in local communities across the Egyptian governorates. Participants included representatives from Egypt's Ministry of Foreign Affairs (MOFA), Ministry of Youth and Sports (MOYS), Helwan University, Sadat City University, Luxor university, Beni Suef Technological University, the Higher Institute of Tourism and Hotels (EGOTH) in Luxor, the Higher Institute of Tourism and Hotels in 6th of October City, Misr public libraries of Cairo and Luxor, and Taekwondo Training Center in Aswan. Notably, Dr. Abdullah El Batesh, Assistant Minister of Youth and Sports, attended to offer congratulations and to strengthen the collaboration for this program. At the higher education level, university leaders also took part in exploring and discussing the comprehensive collaboration of Korean language education in the context of tourism development at the higher education level. The workshop started with welcoming remarks from KOICA Egypt Office Country Director Ms. Jinyoung Kim and Dr. Abdullah El Batesh, followed by a comprehensive presentation covering KOICA's volunteer program framework, volunteer demand request/dispatch process, activity outlines, and participating organizations' undertakings. The Higher Institute of Tourism and Hotels in Luxor (EGOTH), a long-standing partner organization, presented its vivid experiences and benefits from working with KOICA volunteers on the campus, and two currently serving KOICA volunteers, Mr. Oh Young Yu (MODLI, Cairo) and Mrs. Hyeryeong Kim (MISR Public Library, Cairo), shared their on-site experiences and program outcomes, offering firsthand insights on volunteer activities. A group discussion followed, where participants reflected on collaboration experiences, shared expectations from new partners, and proposed actionable ideas for strengthening cooperation. The exchange helped build mutual understanding and synergy among participants. Dr. Abdullah El Batesh stated, 'We look forward to applying KOICA's educational models in our youth centers. This workshop provided a valuable opportunity to align with our goals.' Dr. Ghada Tosson, Director of the University-Industry Cooperation Center of Beni-Suef Technological University, commented, "We have been cooperating with KOICA volunteers to offer students practical job skills opportunities for Korean language education and computing skills. We hope to strengthen our partnership to further enhance access to job markets for students in the Upper Egypt Region.' Beni-Suef Technological University was established in 2019 with the support of the KOICA grant program (2016~2028/14 million USD) and provides bachelor's degree programs in mechatronics, autotronics, ICT and rail way technology. For her part, KOICA's Egypt Office Country Director, expressed her gratitude to all partner institutions, stating, 'Today's workshop was a meaningful occasion for planning our shared future and reinforcing our partnership,' mentioning that active communication among stakeholders and diversified volunteer fields/activities are key to enhancing youth empowerment through the program. KOICA Egypt Office plans to continue working with educational and public institutions across Egypt to nurture young talent, promote cultural exchange, and contribute to sustainable community development. More than 20 volunteers are expected to be dispatched and work with youths across Egypt as of 2025. KOICA is a Korean government agency under the Ministry of Foreign Affairs, implements grant aid programs aiming to combat poverty and support sustainable socio-economic growth in developing countries. The KOICA Egypt Office, established in 1998, provides technical education for youths, supports the digitalization of government services and systems, and carries out programs to address gender-based violence, strengthen women's empowerment, and support vulnerable groups read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan
