Egypt warns developing nations bear brunt of global crises at BRICS FMs’ meeting

NEW DELHI – 14 May 2026: Egypt highlighted the intertwined challenges facing the international system and global economy, stressing that developing countries bear the greatest burden from the repercussions of these crises.

Foreign Minister Badr Abdelatty made the remarks during the meeting of the foreign ministers of the BRICS, held in New Delhi on Thursday.

BRICS, an intergovernmental bloc comprising major emerging economies and developing countries, opened their two-day meeting today amid economic challenges facing the global community.

The war in Iran and Middle East escalation have sent energy prices soaring, stalled global navigation and disrupted supply chains.

Originally founded by Brazil, Russia, India and China, the group later added South Africa and expanded further with the inclusion of Egypt, Ethiopia, Iran, the UAE and Indonesia.

 

Egyptian Foreign Minister Badr Abdelatty's participation formed part of efforts to enhance coordination among BRICS member states on regional and international issues, the ministry said in a statement.

Economic Cooperation

Abdelatty expressed Egypt’s aspiration to further strengthen economic cooperation among BRICS members, support the role of the New Development Bank, and advance joint projects in energy, manufacturing, infrastructure and advanced technology.

The minister also reviewed Egypt’s initiatives within the BRICS framework, including the establishment of a grain logistics hub in East Port Said aimed at enhancing food security and supporting industrial, trade and investment cooperation among member states.

Abdelatty addressed several priority issues, particularly reform of the global economic system and the UN Security Council.

He reiterated Egypt’s support for the Ezulwini Consensus and the Sirte Declaration as the frameworks reflecting the unified African position and the only path toward addressing the historical injustice in Africa’s representation on the Security Council.

Middle East Escalation

On developments in the Middle East, the minister warned that escalating tensions threaten regional and international stability and negatively affect international navigation, supply chains, and energy and food prices.

 

Abdelatty outlined Egypt’s efforts to contain tensions, de-escalate the situation and prevent the expansion of conflict.

He reaffirmed Egypt’s full support for the security and stability of Gulf countries, rejecting any attacks targeting their sovereignty and stability.

The minister stressed that diplomatic solutions and peaceful settlements remain the only path toward achieving security and stability.

Regarding the Palestinian cause, Abdelatty condemned Israeli practices in the occupied Palestinian territories.

He stressed the need to ensure unimpeded access for humanitarian, relief and medical aid into the Gaza Strip to help alleviate the humanitarian suffering and pave the way for early recovery, reconstruction and a just and comprehensive settlement of the Palestinian cause.