Egyptian President seeking bilateral trade boost with Kuwait
February 2, 2022, 5:04 pm

Egyptian President seeking bilateral trade boost with Kuwait

Abdel Fattah El-Sisi/Shutterstock

The Arab News reported, Egyptian President Abdel Fattah El-Sisi said that he hopes to increase trade and joint investment projects between Egypt and Kuwait.

During a reception on Wednesday with Mohamed Jassem Al-Saqr, chairman of the Kuwait Chamber of Commerce and Industry, El-Sisi said that the Egyptian government is keen to communicate with Kuwaiti investors in order to support their activities in Egypt and overcome any obstacles they face.

Presidential spokesman Ambassador Bassam Radi said that El-Sisi believes that “the historical relations between Egypt and Kuwait are firm on all levels,” and that support for the stability of Kuwait and the entire Gulf region is part of Egypt’s national security.

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The spokesman added that the meeting included discussions on ways to support the Egyptian-Kuwaiti Business Council in its efforts to increase communication and interaction between business leaders in the two countries, reviewing available investment opportunities and discussing joint projects, especially in the fields of infrastructure, clean energy and water desalination.

Source: arabnews

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Upon arriving to participate in the summit of the European Political Community, which includes around forty heads of state in Budapest, he said, "I look forward to sitting with the elected U.S. president and seeing how we will collectively ensure we meet challenges, including the threats from Russia and North Korea." He also noted that the strengthening of ties between Russia and North Korea poses a threat to the United States as well, according to reports from Agence France-Presse.

Before Trump's victory, Rutte expressed confidence that a united Washington would remain part of the defensive alliance, even if Trump became the 47th president of the United States. In an interview with German public broadcaster ZDF last Monday night, he stated that both Republicans and Democrats understand that NATO serves not only the security of Europe but also that of America. He added that both candidates are aware that the security of the United States is closely tied to NATO.

On Wednesday, NATO congratulated Trump on his victory but did not address the Ukrainian issue.

It is noteworthy that the relationship between the elected U.S. president and the defense alliance was not the best during his first term in the White House. Trump criticized NATO member states multiple times and even hinted at withdrawing from the alliance unless they increased their financial contributions.

Additionally, the issue of the Russian-Ukrainian war is one of the matters that complicate relations between the two sides, especially since Trump has repeatedly stated that he can end this ongoing conflict, which began in 2022, quickly. He implied that he had a peace plan between Kyiv and Moscow, while his vice president, JD Vance, revealed aspects of that plan, which stipulated Ukraine's commitment not to join NATO, thereby sending reassuring signals to the Russians.

Furthermore, many NATO member states in Europe fear that Trump might halt military aid to Ukraine after he previously criticized the U.S. for pouring funds into supporting Ukrainian President Volodymyr Zelensky.