Singapore, April 20 (ANI): Amid rising external debt, Egypt planning to swap its strategic assets with China, reported The Singapore Post.
A local news website Arabi21.com has reported that Cairo is in discussion with Beijing for swapping a part of the USD 8 billion loan it took from China for properties like ports and airports owned by it.
It is believed that Egypt’s move to swap its debt with China for strategic assets
Amid rising external debt, Egypt planning to swap strategic assets with China
