Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty participated on Monday, May 26, 2025, in a session held on the sidelines of the two-day US-Egypt Policy Leaders Forum, which kicked off in Cairo.
Abdelatty said Egypt looks forward to luring more US direct investments in light of vast opportunities offered by the Egyptian market in various sectors.
He lauded the depth of the strategic partnership between Egypt and the US.
Abdelatty spoke about bold measures taken by the Egyptian government to improve the investment climate and the business environment, stressing the State’s commitment to moving ahead with implementing economic reforms and giving a more room for the private sector in the economic activity.
He highlighted Egypt’s position on a number of regional crises, as he reviewed efforts made by the country to restore the ceasefire in the Gaza Strip and allow the access of humanitarian aid in the Palestinian enclave, while finding a permanent and just political solution to the Palestinian issue.
He, also, shed light on Egypt’s stance on the situation in Sudan, Libya and the Red Sea, saying Egypt continues its tireless endeavors to bring about peace, security and stability in the region.
He stated de-escalation in the Red Sea will have positive impact on navigation, international trade and supply chains, as well as contribute to the recovery of the international economy.
The foreign minister noted that the resumption of regular navigation in the Red Sea and the Suez Canal serves the global economy, especially after a series of geopolitical challenges that have affected navigation in recent times.
In this regard, Abdelatty called for addressing the root causes of regional conflicts to preserve stability in the Red Sea in a sustainable way.
MENA
