The governor of the Central Bank of Egypt, Hassan Abdalla, welcomed his Chinese counterpart, Pan Gongsheng, the governor of the People’s Bank of China, on Thursday, July 10.
Key topics discussed included the establishment of agreements to facilitate trade in local currencies and the settlement of bilateral commercial payments in Egyptian pounds and Chinese yuan.
The discussions also covered Egypt’s upcoming issuance of Panda bonds in the Chinese financial market, as well as opportunities for better integration between Egyptian and Chinese payment systems.
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