Egypt's foreign minister urges deeper US investment and outlines Gaza and Nile red lines

Egypt's Foreign Minister Badr Abdelatty used an address to the American Chamber of Commerce in Cairo to urge stronger US investment while outlining Cairo's core positions on Gaza, Nile water security, and regional conflicts. He emphasized that economic and investment cooperation with the United States forms a central pillar of the bilateral partnership.

In his address on Tuesday to the American Chamber of Commerce in Cairo, Foreign Minister Badr Abdelatty stated that attracting American investment is a top government priority. He described economic cooperation with Washington as a central pillar of the bilateral partnership, pointing to opportunities in renewable energy, green hydrogen, infrastructure, industry, agriculture, and information technology. He also highlighted Egypt's readiness to facilitate US companies' operations through reforms aimed at improving the business climate and expanding the private sector's role.

Regarding Gaza, Abdelatty outlined Egypt's approach to consolidating the ceasefire, ensuring unrestricted humanitarian access, and advancing a just and lasting political settlement. He called for swift action on early recovery and reconstruction, as well as rapid implementation of the UN Security Council resolution on Gaza, including the formation of an international stabilization force.

On water security, he reaffirmed that the Nile is "the lifeline of the Egyptian people," underscoring Egypt's commitment to cooperation with Nile Basin states while rejecting unilateral measures that violate international law. Egypt, he said, will take any steps permitted under the UN Charter to protect its water interests.

The minister also addressed crises in Sudan and Libya, developments in the Red Sea, and the Iranian nuclear file, emphasizing Egypt's efforts toward political settlements and regional stability. He underlined the global importance of secure navigation in the Red Sea and the Suez Canal. The speech concluded with a discussion session on Middle East geopolitical challenges with AmCham members.

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