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Generation Party Leader: Sisi's BRICS speech highlights Egypt's trade role
The head of the Democratic Generation Party, Naji Al-Shahaby, affirmed that President Abdel Fattah El-Sisi's speech before the BRICS summit revealed a strategic vision for Egypt that goes beyond infrastructure and logistics. It emphasized Egypt's important role in global trade movement and in building partnerships with Southern countries. He clarified that the stability of the Suez Canal constitutes a strategic interest for the safety of global supply chains. Additionally, Egypt's investment in ports and roads reflects a universal system aimed at protecting and strengthening trade. He also stressed the importance of enhancing the financing of developmental projects through institutions like the New Development Bank. Furthermore, he considered Egypt's membership in BRICS as an opportunity to build a cooperation model based on shared interests and knowledge exchange, thereby empowering Southern countries to influence the global economic system.
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