The official spokesman for the Egyptian Ministry of Foreign Affairs, Ambassador Ahmed Abu Zeid, confirmed that the membership of Egypt and Russia in BRICS will be a strong impetus for enhancing bilateral cooperation between the two countries during the current and future periods.
Abu Zeid’s statements came during his visit to RT channel headquarters in Moscow, where he stressed the great importance of this gathering in promoting global economic development.
Abu Zeid pointed out that Egypt is keen to be an effective contributor within BRICS, stressing the importance of the role that member states can play in stimulating economic progress worldwide, adding that the joint membership of Egypt and Russia opens broad horizons for deepening bilateral relations in various fields. .
Egypt’s membership in the BRICS group was officially activated on January 1, 2024, as it was one of 6 new countries invited to join BRICS in August 2023, in addition to Saudi Arabia, the Emirates, Iran, and Ethiopia.
Egypt’s imports from the BRICS countries have increased by about 33% since 2020, and its exports to them have increased by about 75%. Egypt also joined the BRICS Development Bank in December 2021, with a contribution of 1.2 billion
Morocco and Egypt compete for the bronze medal at the Paris Olympics