Egypt’s Minister of Foreign Affairs, International Co-operation and Egyptian Expatriates Badr Abdel-Aati held phone talks on Sunday with French Foreign Minister Jean-Noël Barrot and European Commissioner for the Mediterranean Dubravka Šuica.
The talks addressed the rapidly evolving regional developments, ongoing military escalation, and efforts to de-escalate tensions, a statement on the Foreign Ministry’s website read.
Abdel-Aati reviewed the outcomes of the Islamabad meetings within the Egyptian-Saudi-Turkish-Pakistani quadrilateral framework, which aims to contain escalation and prevent a broader conflict.
He also outlined Egypt’s mediation efforts, in coordination with Turkey and Pakistan, to launch a direct negotiating track between Iran and the US.
These efforts seek to contain the current military confrontation, prioritise diplomacy, and promote dialogue as the only viable path to prevent the region from sliding into widespread instability.
The discussions also addressed the economic repercussions of the ongoing conflict on the global economy and regional markets.
Abdel-Aati stressed that Egypt’s economy has demonstrated strong resilience in the face of regional tensions, supported by structural and monetary reforms implemented in recent years.
He expressed confidence in Egypt’s ability to overcome the current crisis, citing its track record in navigating previous regional challenges. He reaffirmed the government’s commitment to continuing economic reforms and fostering a stable, investment-friendly environment.
For their part, The European officials highlighted ongoing financial and economic co-operation programmes between Egypt and the EU, underscoring the resilience of Egypt’s economic fundamentals and its capacity to withstand regional and international challenges.
They also noted the impact of military escalation on global growth, driven by rising energy and food prices and disruptions to supply chains.
The two sides sides agreed to intensify efforts to support de-escalation and to further advance Egypt-EU strategic, economic, and financial relations.
