Egypt and Turkey goal to extend commerce exchanges to $15 billion within the coming years

Michael Brown

International Courant

Egyptian President Abdel Fattah al-Sisi and his Turkish counterpart Recep Tayyip Erdoğan witnessed the signing ceremony of plenty of agreements and a memorandum of understanding between the 2 international locations, of their efforts to extend commerce change to fifteen billion within the coming years {dollars}.

The 2 presidents signed a joint assertion on the restructuring of high-level strategic cooperation council conferences between Egypt and Turkey.

Throughout a joint press convention with Erdogan on the Ettehadiya Palace, Sisi said: “I want to begin by welcoming His Excellency Turkish President Recep Tayyip Erdoğan on his first go to to Egypt in additional than a decade. We’re opening a brand new web page between our two international locations to counterpoint our bilateral relations and put them heading in the right direction.”

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“I affirm our satisfaction and appreciation for our historic relationship with Turkey and the frequent civilizational and cultural heritage between us,” he added.

“Egypt is at the moment Turkey’s first buying and selling companion in Africa, and Turkey is without doubt one of the foremost locations for Egyptian exports. “We’ll collectively search to extend commerce change to $15 billion within the coming years, improve joint investments and open new areas of cooperation,” he mentioned.

Sisi additional said that he agreed with President Erdoğan on the necessity for an instantaneous ceasefire within the Gaza Strip and reaching calm within the West Financial institution in order that the peace course of can resume as quickly as attainable – resulting in the declaration of a sovereign Palestinian state. with East Jerusalem as its capital.

Each leaders additionally confused the necessity to strengthen joint consultations on the Libyan disaster, to assist arrange presidential and parliamentary elections and unify the nation’s army establishments.

Sisi mentioned: “We admire that our success in reaching safety and political stability in Libya will likely be a mannequin to comply with, because the international locations within the area are greatest capable of perceive its complexity and discover the methods to to resolve the prevailing variations there.”

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In the course of the discussions, the 2 Presidents additionally assured their frequent curiosity in working collectively for Africa and advancing improvement efforts to realize stability and prosperity.

Sisi concluded his speech by saying: “I look ahead to answering the Turkish President’s invitation to go to Turkey subsequent April, to proceed working to enhance the 2 international locations’ relations in varied areas in a fashion commensurate with their historical past and customary cultural heritage. .”

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Egypt and Turkey goal to extend commerce exchanges to $15 billion within the coming years

Africa Area Information ,Subsequent Large Factor in Public Knowledg

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