Strategic Synergy between Egypt “Vision 2030” and China’s “Belt and Road” Initiative

Abstract

China and Egypt have established diplomatic relations for 62 years. In 2013, Chinese President Xi Jinping put forward the “Belt and Road” Initiative (BRI) and welcomed countries along the routes to take part in co-operations in the framework of the BRI. And in 2014, Egyptian new-elected President Sisi visited China and both sides improved the bilateral relationship to the comprehensive strategic partnership. Then in 2016, Egyptian President Sisi launched a new national development strategy named “Egypt Vision 2030”. Therefore China and Egypt want to look for suitable areas to cooperate according to these two plans. In this case, this paper analyzes the implementation of the strategic synergy between the BRI and “Egypt Vision 2030”, including the introduction to the “Egypt Vision 2030”, the mutual cognition of the developmental strategies of China and Egypt, the outcomes achieved and the risks faced by the synergy between the strategies of these two countries, and then considers that both China and Egypt welcome and support each other’s developmental strategy. At present, the synergy between the two countries’ strategies has made significant achievements under the frequent promotion of top leaders, but there are also political, economic and security risks in the process of strategic synergy, which still hinder thesynergy.