thesilkroadtoday
Seoul, January 3, 2026 — AGLC and the Korean Egyptian Development Association (KEDA) have signed a Memorandum of Understanding (MOU) aimed at strengthening legal, institutional, and investment cooperation between the Republic of Korea and the Arab Republic of Egypt. The signing ceremony took place at the Meeting Room of the Small and Medium Business Promotion Association in Yeongdeungpo-gu, Seoul.
The agreement establishes a bilateral cooperation platform designed to facilitate smoother market entry and collaboration for companies and organizations in both countries, reflecting the growing scope of Korea–Egypt economic and industrial relations. Under the MOU, AGLC will provide Korean companies and KEDA members seeking to enter the Egyptian market with legal guidance and access to relevant local networks, while KEDA will leverage its extensive private-sector, institutional, and academic connections to support practical cooperation initiatives.
Founded in Egypt in 1996, AGLC is a leading law firm specializing in intellectual property, international arbitration, and corporate, commercial, and investment-related legal services. KEDA, a non-profit incorporated association established in 2016 under the supervision of Korea’s Ministry of Trade, Industry and Energy, is dedicated to promoting friendship, economic cooperation, private-sector exchange, and public-interest activities between Korea and Egypt.
Both parties emphasized that cooperation will be based on mutual benefit, with any specific legal services or commercial arrangements to be executed through separate written agreements, ensuring professional independence while enabling results-oriented collaboration.
KEDA Chairman Kang Woong-sik, Special Professor at Seoul Science and Technology University and Distinguished Professor at Badr University in Cairo (BUC), stated: “This MOU marks the beginning of practical cooperation that goes beyond symbolic exchange. By connecting Korean and Egyptian companies with the legal and institutional support they truly need, we aim to build a sustainable model of bilateral economic cooperation.”
Asem Gad, Founder of AGLC, commented: “Leveraging our expertise in Egyptian law and international arbitration, AGLC will work closely with KEDA to support the stable and successful entry of Korean companies into the Egyptian market. We expect this partnership to deliver tangible outcomes for private-sector cooperation.”
The AGLC–KEDA MOU represents a pragmatic, forward-looking cooperation model that combines legal expertise with strong business networks, marking a new milestone in Korea–Egypt economic relations.
