Egyptian trade minister due in Türkiye in 1st visit in 10 years

Egyptian trade minister due in Türkiye in 1st visit in 10 years

Egypt’s commerce minister is about to reach in Türkiye on Tuesday, in response to media stories, in what’s going to mark the primary such go to in a decade as the 2 nations restore regular diplomatic relations.

The two-day journey of Ahmed Samir Saleh comes weeks after Türkiye and Egypt appointed ambassadors to one another’s capitals for the primary time in 10 years after nations moved to restore relations, which have been strained since a army coup in Egypt in 2013.

Normalization accelerated after President Recep Tayyip Erdoğan and Egyptian chief Abdel-Fattah el-Sissi shook arms in Doha on the World Cup in 2022 and gained additional tempo following the lethal February earthquakes in Türkiye and Erdoğan’s reelection in May.

Saleh’s go to comes upon the invitation of his Turkish counterpart Ömer Bolat. The two are anticipated to carry talks on financial cooperation and commerce and meet with businesspeople of the 2 nations, non-public broadcaster NTV reported Monday.

Diplomatic relations between Türkiye and Egypt have been maintained on the degree of cost d’affaires on either side for the reason that 2013 army coup, which overthrew the late Egyptian President Mohammed Morsi.

Cairo and Ankara have additionally been at odds over Libya, the place they backed opposing factions in an unresolved battle, and likewise over maritime borders within the gas-rich Eastern Mediterranean. However, Türkiye has dismissed claims of rivalry with Egypt within the area and reiterated its willingness for extra cooperation.

Egypt, which has been struggling to handle an acute overseas foreign money scarcity, mentioned in March that Turkish firms had dedicated to $500 million in new investments within the nation.

The rapprochement between the 2 nations is a part of Türkiye’s efforts to construct bridges with nations within the area the place Ankara has lately additionally repaired its ties with Israel, Saudi Arabia and the United Arab Emirates (UAE).

Erdoğan has repeatedly mentioned Türkiye hoped to maximise its cooperation with Egypt and Gulf nations “on a win-win basis,” intensifying diplomacy after years of tensions.

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Source: www.dailysabah.com