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Turkish Foreign Minister Hakan Fidan said that there is full coordination with Egypt to discuss a solution to the crisis in the Gaza Strip and the delivery of humanitarian aid.
Foreign Minister Sameh Shourky has stressed that Egypt is exerting its utmost, with the support of its US and Qatari partners to reach a ceasefire in the Gaza Strip.
Egyptian Minister of Foreign Affairs Sameh Shoukry held a Tête-à-tête meeting with his Turkish counterpart Hakan Fidan, said Egyptian Foreign Ministry Spokesman Ahmed Abu Zeid on his official account on X on Saturday.
Foreign Minister Sameh Shoukry is scheduled to meet his Turkish counterpart Hakan Fidab in Ankara by the end of the week.
According to the Turkish Exporters' Assembly, Turkish exports to the Egyptian market reached $872 million in the first quarter of this year,
Chairman of the General Authority for Investment and Free Zones (GAFI) inaugurated Tuesday the expansions.
The project encompasses a collaborative effort to implement various initiatives, including a commercial port, free and logistical zones, railway connectivity, a versatile cargo terminal, a passenger terminal, a yacht marina, and an industrial zone.
The Minister clarified that the humanitarian aid trucks reached 200 per day, and this is a small number, stressing the necessity of a permanent ceasefire to resolve the crisis in Gaza.
An Egyptian real estate developer highlighted the successful Turkish experience in exporting real estate abroad, saying that it contributed to the economic renaissance in Turkey during the recent period.
This visit follows diplomatic and political efforts between the two countries over the past years, culminating on Wednesday in the normalization of relations.
President el-Sisi added, "I would like to welcome the Turkish President on his first visit to Egypt in over 10 years to open a new page between our two countries.
The visit of Turkish President Recep Tayyip Erdogan to Egypt gives a new impetus to enhancing economic cooperation and trade exchange between both countries, especially since they are linked with distinguished historical economic relations.
According to CAPMAS, Turkish investments in Egypt amounted to $167.2 million in the Fiscal Year 2022/2023 (FY22/23), marking a 7.1 percent decline compared to the previous FY21/22 when it reached $179.9 million
The visit comes after years of high-level diplomatic and political efforts between the two countries, culminating in the normalization of relations today.
Turkish President Recep Tayyip Erdogan’ first visit to Egypt in 11 years culminates steps to normalize relations amid international conditions that push the two countries, both of which weigh heavily in the region, to coordinate positions.
The two presidents are scheduled to hold a joint press conference after their talks today at Al-Ittihadiya Palace.
The visit is taking place after months of restoring diplomatic relations, which had followed years of boycott.
While the Middle East is going through one of the most ‘sensitive and tense times’, Egyptian-Turkish relations are seeming to witness a new breakthrough, that could be called as a ‘new era’ of developing more understanding relations on the diplomatic level between the two countries.
The proposed industrial zone in Egypt aims to replicate the success of the existing industrial zone in Bursa, which specializes in various sectors including textiles, automobiles, aluminum, machinery, equipment, and advanced technologies
Samir noted that the Egyptian commodity exports to Turkey saw a significant increase, reaching $2.934 billion compared to about $2.288 billion during the same period in 2022, reflecting a 28 percent increase.
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