Politics · Other · 12 hrs ago

Egypt and Thailand seek stronger trade and investment ties

Egypt and Thailand seek stronger trade and investment ties

Egyptian Foreign Minister Badr Abdelatty met Thai officials in Bangkok during a visit to Thailand.

He discussed political, economic and development cooperation, including with Thailand’s industry minister and deputy prime minister and finance minister.

The two countries said they want stronger trade, investment and economic ties and to share experience in economic and financial reform.

Their cooperation can also build on Egypt’s 2016 agreement with ASEAN, the Southeast Asian regional group.

Unofficial estimates put bilateral trade at about $1 billion in 2025, up 37% from the previous year.

The discussions aim to turn political ties into practical opportunities, including investment and industrial cooperation, but no specific next steps were announced.

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What people are saying

Mohamed HegazyFormer Egyptian assistant foreign minister
The visit of the Egyptian foreign minister to Thailand and President Abdel Fattah el-Sisi’s Asian tour reflect the integration of presidential and diplomatic efforts to strengthen Egypt’s political and economic presence in Asia, expand its international partnerships, and build more diverse relations with emerging economies and global centres of production, technology and trade.
via Asharq Al-Awsat
This does not mean replacing one international partnership with another; rather, it means establishing a balanced network of relations based on mutual interests and respect for the independence of national decision-making.
via Asharq Al-Awsat