Politics: Egypt’s participation in a summit"Brex" It reflects its international position and opens promising economic horizons
Politicians emphasized that the summit of & quot & quot; It is a gateway to enhance economic partnerships and attract new investments in Egypt
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attracting new investments in Egypt
& nbsp; It carries economic importance and political dimensions that affect the consolidation of relations with member states, pointing out that this step aims to enhance its position on the global economic scene, and to open new horizons for commercial and investment cooperation, as it contributes to diversifying the economic partnerships of Egypt, and reducing dependence on traditional markets, which enhances the flexibility of the Egyptian economy and its ability to face challenges World.
& nbsp; In Egypt 4.4 billion dollars during the fiscal year (2022/2023), which reflects the increasing confidence in the Egyptian economy and the attractive investment environment, noting that the Kingdom of Saudi Arabia ranked first in its investment contribution in Egypt, stressing the depth of bilateral relations and promising opportunities for joint cooperation, especially since this group, which includes Brazil, Russia, India, China, South Africa, the United Arab Emirates, Egypt and Iran Ethiopia and Indonesia represent a global economic weight that cannot be ignored, given the size of countries combined in the global economy, in addition to that it includes about 40 % of the world’s population, in addition to that the BRICS countries have about 40 % of the confirmed global oil reserves and more than 50 % of natural gas reserves. At the top of & quot; Prix & quot; It strengthens its regional and international role, and gives it a stronger voice in international forums. It also contributes to coordinating positions with countries with economic and political weight, in a way that serves common interests and supports stability and development efforts in the region and the world, no longer important & quot; the Brexes & quot; It is limited to facing the repercussions of the Western policies, but rather exceeded this to become an ambitious project to re -draw the map of the global economy more balanced.
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& nbsp; The elders, Egypt’s accession to the & quot; Prix & quot; And its participation in the current summit carries very important strategic and economic dimensions, especially in light of the intensification of global crises that imposed itself on the international system in the past five years, starting from the repercussions of the Korona’s pandem And varied.
& nbsp; It has become a major international front that leads an alternative path for Western blocs, not only in the economy, but in the pattern of development, the method of cooperation, and the mechanism of international decision -making, where the group seeks to enable developing countries to real development tools away from the dictates and conditions imposed by traditional financial institutions, such as the International Monetary Fund and the World Bank. Introduction to the current summit agenda & ndash; Which includes reforming the global financing system, expanding the use of national currencies in exchanges, enhancing partnership in digital transformation and green technology & ndash; It is fully compatible with the Egyptian development agenda that aims to reduce dependence on imports, maximize local value chains, and localize technology. The economic dimensions exceed the geopolitical dimensions, as it represents an increasing international recognition of the power of the Egyptian state and its ability to contribute effectively to reshaping the global scene, noting that what gives Egypt this distinction is its possession of integrated ingredients, whether a unique strategic location, strong infrastructure, promising industrial base, and demographic growth that represents an investment opportunity Enormous. It represents an important strategic step confirming the Egyptian state’s restoration of its regional and international role, and reflects the global appreciation of the economic policies that Egypt has pursued in recent years, led by President Abdel Fattah El -Sisi. The world’s awareness of Egypt’s geopolitical importance and its pivotal role in the stability of the region reflects the confidence of the major countries and the emerging economies in the path that Egypt takes, whether at the level of economic reform or openness to balanced international partnerships.
& nbsp; It represents a global alliance that seeks to reformulate international balances, and to confront the traditional hegemony of some major economic forces, which is in line with the Egyptian state’s vision in building a more independent and diversified national economy in international cooperation sources.
& nbsp; In transactions, which represents an opportunity to reduce pressure on the hard currency, and to reduce the burdens on the national economy, especially in light of the successive global crises. Infrastructure, national projects, renewable energy, and ports, stressing that the countries & quot & quot; Looking at Egypt as the Africa and the Arab world portal.
