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29.05.24 15:35

Economy

Value of trade between Egypt and China exceeds US$13.9 billion

According to data from the Central Agency for Public Mobilisation and Statistics, trade between the two nations reached a total of US$13.9 billion in 2023

The economic ties between China and Egypt were emphasised by the Central Agency for Public Mobilisation and Statistics during President Abdel Fattah El-Sisi’s visit to Beijing. This is reported by Daily News Egypt, a partner of TV BRICS.

On the tenth anniversary of Egypt and China's relationship developing into a comprehensive strategic partnership, the goal of this visit is to deepen bilateral ties and increase cooperation in a number of areas.

The source states that in 2023, Egypt's principal commodity groupings that it shipped to China were fruits, machinery and electrical appliances, mineral fuels, oil and distillation products, stone and cement goods, and copper and related products.

In contrast, iron and steel, plastics and related products, machinery and electrical appliances, synthetic textile fibres, and organic chemical products were Egypt's top imports from China in 2023.

Photo: iStock

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Sergey Lavrov

Russian Foreign Minister

"A Joint Statement of the Foreign Ministers has been adopted. It provides a clear and principled assessment of the situation on the international stage and outlines the tasks that will be addressed in accordance with previous decisions by heads of state and governments. No one doubts that additional documents on sectoral areas of cooperation will be developed ahead of the SCO summit in Bishkek. Energy, artificial intelligence, healthcare and a number of other areas were also mentioned"

Nitin Gadkari

India's Union Minister for Road Transport and Highways

"Our resolution has just been passed. It is very important as far as the BRICS countries are concerned, which cover 40 per cent of the world's population. We are committed to the futuristic development of the transport sector, to create cooperation, coordination and communication between the stakeholders. This resolution indicates a lot of new technology and innovation in the transport sector. It covers the road sector, railways, aviation and water transport"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

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Value of trade between Egypt and China exceeds US$13.9 billion

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