H.E. Dr. Rania A. Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, participated in the high-level session on “Promoting Modernization of the Global South: New Pathways, New Visions” at the Conference of the Forum on Global Action for Shared Development in Beijing, China. This session, organized by the Chinese International Development Cooperation Agency (CIDCA), United Nations Office for South-South Cooperation, and University of International Business and Economics (UIBE), marked the second edition of the forum.
Dr. Al-Mashat emphasized the importance of South-South and Triangular Cooperation (SSTC) in stimulating economic recovery and achieving the Sustainable Development Goals (SDGs). She highlighted the evolution of South-South Cooperation since 1955, noting its role in bridging technological and knowledge gaps, enhancing self-reliance, and fostering economic development.
The minister pointed out that Egypt is committed to SSTC, particularly with African nations, and has launched a strategy for South-South and Triangular Economic Cooperation. This strategy includes initiatives such as the South-South Cooperation Development Academy in partnership with the United Nations Development Program (UNDP) and knowledge-sharing workshops with African officials.
Dr. Al-Mashat underscored the potential of digital transformation to enhance regional integration and intra-trade within Africa. She also reaffirmed Egypt’s commitment to supporting South-South Cooperation through its leadership role in NEPAD and its strategic partnerships.
