The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat received a delegation of the Export–Import Bank of Korea (KEXIM) that is visiting Egypt from May 28 to June 3 to negotiate financing various development projects in the transportation sector. The mission included representatives from the Korean Ministry of Economy and Finance, and the Economic Development Cooperation Fund (EDCF) Evaluation Office of the KEXIM. The meeting comes within the framework of the role played by the Ministry of International Cooperation to coordinate between international financing institutions (IFIs), multilateral and bilateral development partners, and various national entities to secure development financing within the Government of Egypt’s priorities. KEXIM’s visit aims to plan meetings with several national authorities, in order to negotiate a number of projects including the modernization of the Luxor-Aswan railway signaling systems, and to discuss financing future projects that are aligned with state priorities. While welcoming the delegation, Al-Mashat applauded the Egyptian-South Korean relations, particularly in light of the announcement that Egypt was selected as a strategic partner for the Republic of Korea’s government in its plans for development cooperation in the region 2021-2025. The Minister added that the coming period will witness rounds of negotiations on partnerships and projects that fall under the strategic cooperation framework covering the next 5 years. Al-Mashat stressed the importance of joint cooperation with the Republic of Korea, pushing towards the national 2030 development agenda. The Ministry of International Cooperation seeks to strengthen economic relations through multilateral and bilateral development partners, and through its three principles of Economic Diplomacy; holding Multi-Stakeholder Platforms to bring all relevant entities onto the same decision making table; developing the first of its kind Official Development Assistance mapping to the UN SDGs to track the progress in the development projects; and communicating through a consistent Global Partnerships Narrative that puts “People at the Core”, “Projects in Action”, and “Purpose as the Driver”. The ongoing development cooperation portfolio between Egypt and the Republic of Korea amounts to $473 million covering various sectors namely higher education, information technology, and transportation.