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Story summary
- President Xi Jinping and President Abdel Fattah al-Sisi agreed to expand trade using their national currencies.
- They pledged to increase the existing local-currency swap agreement.
- They signed memorandums of understanding covering construction, energy, manufacturing, and agriculture.
- Egyptian Prime Minister Mostafa Madbouly said Chinese investment in Egypt surpassed $10 billion.
- The partnership could bring up to $2 billion into the Suez Canal Economic Zone.
