Cairo: EgyPulse – News Desk
Egypt and Türkiye reaffirmed their commitment to strengthening trade relations and facilitating investment flows during a meeting for their foreign ministers in Ankara on Wednesday. The foreign ministers co-chaired the first meeting of Egypt-Türkiye Joint Planning Group, stemming for a joint declaration signed by the presidents of both countries in Cairo in February 2024.
The mechanism aims to pave the way for the second High-Level Strategic Cooperation Council meeting, to be co-chaired by the two leaders in Cairo next year. In a joint statement issued following the talks, the ministers reaffirmed their determination to sustain the positive momentum between the two countries in line with the vision set out by their presidents.
They also stressed their keenness to ensure ongoing coordination between the two countries to enhance economic, trade, and industrial cooperation. Their talks explored ways to foster a more attractive investment climate by offering additional incentives, addressing regulatory obstacles, and expediting administrative procedures.
Egypt and Türkiye agreed to take further steps to advance bilateral and regional cooperation in economic and security fields through a comprehensive approach. Marking a milestone in bilateral ties, the two sides announced that 2025 would be celebrated as the centennial of the establishment of diplomatic relations between Egypt and Türkiye, reaffirming the deep bonds of friendship between the two nations and their peoples.
To ensure the success of the upcoming High-Level Strategic Cooperation Council meeting in Cairo, the ministers reiterated their joint commitment to take all necessary measures to advance effective coordination. Abdelatty embarked on a visit to Ankara on Wednesday, where he delivered a written message from President Abdel Fattah El-Sisi to Erdogan on bilateral relations and preparations for the second High-Level Strategic Cooperation Council meeting.
Abdelatty also co-chaired the first meeting of Egypt-Türkiye Joint Planning Group and held talks with Turkish businessmen and investors to boost investments and trade. The two countries had held several rounds of talks over the past years to further bolster their investments and economic relations, aspiring to double their trade from $8.8 billion in 2024 to $15 billion within the next five years.
