Shura Member: President's BRICS Role Boosts Investment

The participation of President Abdel Fattah El Sisi in the BRICS summit in the Indian capital, New Delhi, affirmed Egypt's prominent status within the grouping and its role in shaping shared visions on global economic, developmental, and political issues. During his speech in the closed session, Sisi emphasized the need to develop mechanisms for cooperation among Southern countries and to transform political consensus into practical projects that promote development and stability, especially amid interconnected global crises affecting security, energy, and trade. He also highlighted the importance of stability and maritime freedom, underscoring the necessity of reforming the international financial structure, developing financing tools, and enhancing the role of the New Development Bank. Additionally, he called for strengthening food, water, and energy security, along with developing the grains and logistics center to support Egypt’s position as a regional hub for trade and logistics. President Sisi intends to assume the presidency of BRICS in the future, reflecting confidence in its ability to boost regional cooperation and connect African, European, and Asian markets to achieve further development and investment.

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