7 Hrs
Source:
بوابة الشروق
_1777352142843_145525226.png&w=64&q=75){kind=small}
Egypt's BRICS Engagement Focuses on Investments
Egypt participated in the 18th BRICS summit held in New Delhi, where Deputy Wael El-Saban emphasized that this participation reflects Egypt's growing standing within the bloc and strengthens its presence in global economic and political decision-making. She explained that Egypt’s membership since January 2024 provides access to new markets and attracts investments that support development plans, while also benefiting from BRICS countries’ expertise in digital transformation, artificial intelligence, and advanced industries. She highlighted Egypt’s strategic geographical location, especially the Suez Canal and its infrastructure, which position it as a regional hub for trade and logistics. Additionally, bilateral discussions focused on enhancing cooperation in energy, transportation, and investment sectors, with the aim of turning partnerships into real investments that bolster the Egyptian economy and support the interests of developing countries.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)