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بوابة أخبار اليوم
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Egypt's Role in BRICS Trade
Egypt joined the BRICS group in January 2024 to strengthen its economic and trade relations. Trade between Egypt and the BRICS countries amounted to approximately $53.5 billion in 2025, up from around $45 billion in 2024. Egyptian exports to BRICS nations also increased from $9.4 billion to $13.7 billion within a year, indicating market expansion and the flow of Egyptian products into new markets. BRICS investments in Egypt reached about $3.7 billion in the first half of the 2025-2026 fiscal year, representing an increase of nearly 30%. Egypt benefits from its membership in BRICS by supporting the use of local currencies and enhancing its role as a trade gateway through the Suez Canal, while also aiming to integrate Egyptian factories and companies into global supply chains to boost export competitiveness.
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