{"id":653819,"date":"2024-10-23T00:00:00","date_gmt":"2024-10-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/23\/el-sisi-meets-with-putin-on-the-sidelines-of-the-annual-brics-summit\/"},"modified":"2024-10-23T00:00:00","modified_gmt":"2024-10-23T00:00:00","slug":"el-sisi-meets-with-putin-on-the-sidelines-of-the-annual-brics-summit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/23\/el-sisi-meets-with-putin-on-the-sidelines-of-the-annual-brics-summit\/","title":{"rendered":"El Sisi meets with Putin on the sidelines of the annual Brics summit"},"content":{"rendered":"

El Sisi, Putin talk Brics at the bloc\u2019s annual summit:<\/strong> President Abdel Fattah El Sisi met his Russian counterpart Vladimir Putin on the sidelines of the Brics Summit, which kicked off in Kazan yesterday. The conversation centered around Egypt\u2019s role in the bloc, bilateral relationship, and regional and international issues, according to an Ittihadiya statement<\/a>. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Putin emphasized the importance of Egypt\u2019s role in the bloc<\/strong>, saying that \u201cEgypt's membership adds value to the grouping's efforts and contributes to strengthening its role as a platform for promoting multilateral cooperation among developing countries,\u201d the statement read. El Sisi, for his part, expressed Egypt\u2019s commitment to engaging within the Brics\u2019 framework and appreciation for being included in the bloc\u2019s annual summit.<\/p>\n

More Egypt-Russia cooperation could be on the cards:<\/strong> El Sisi expressed Egypt\u2019s desire to strengthen relations with Russia not just on a multilateral level but also on a bilateral basis, building upon the Strategic Partnership Agreement signed in 2018. El Sisi noted the two sides\u2019 successful collaboration on joint projects, highlighting the Suez Canal Economic Zone\u2019s Russian Industrial Zone<\/a> and the planned 4.8 GW nuclear power plant<\/a> in Dabaa.<\/p>\n

We\u2019re getting closer to <\/strong>seeing the Russian Industrial Zone up and running: <\/strong>MPs are discussing an agreement that would unlock government financing for the zone, El Sisi said, emphasizing the importance of having Egyptian and Russian experts working together to implement the project. <\/p>\n

The war in Gaza and Lebanon was also a point of discussion<\/strong>, with the two presidents calling for an immediate ceasefire and stressing the \u201cvital need for de-escalation and avoiding practices and measures that would only further aggravate the situation in the region.\u201d<\/p>\n

Intra-bloc trade also got a look-in: <\/strong>El Sisi made a case for using the Brics platform to find workarounds for external trade restrictions that hamper intra-bloc trade \u2014 particularly that between Egypt and Russia (watch, runtime: 5:35<\/a>). <\/p>\n

Remember: <\/strong>Ahead of the summit, Russia was championing the idea of setting up a new Brics<\/a>payment system<\/a> to push back against dollarization, help countries avoid sanctions, and limit the disciplinary influence of Western financial institutions. And while Putin ruled out a unified currency for the time being, bloc members are reportedly in talks over the use of digital currencies for investment. <\/p>\n

The focus is on results: <\/strong>Speaking virtually at the Brics Business Forum last Friday<\/a>, El Sisi said that he hoped the forum would \u201cyield tangible outcomes that enhance investments and economic cooperation among our nations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

El Sisi emphasized Egypt\u2019s interest in further developing relations with its Russian partners<\/p>\n","protected":false},"author":1,"featured_media":653820,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7262],"tags":[96,168,72,167,108,6984,270,711],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-653819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-abdel-fattah-el-sisi","tag-diplomacy","tag-enterpriseam","tag-gaza","tag-lebanon","tag-middle-east-politics","tag-russia","tag-vladimir-putin","wpautop","entry"],"acf":{"mongo_id":"bb97459a-ff6f-4d0a-9dc9-efcb07d757af","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/1957.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s El Sisi meets with Putin on the sidelines of the annual Brics summit","related_issue":[653814],"teaser":"El Sisi emphasized Egypt\u2019s interest in further developing relations with its Russian partners","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.406e9971-479f-4208-8211-3e879dd0b93c.mp3"},"yoast_head":"\nEl Sisi meets with Putin on the sidelines of the annual Brics summit - 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Egypt and Russia have reportedly finalized their agreement over the USD 30 bn Dabaa nuclear power plant, the Associated Press said on Sunday, citing Russian media reports. The news surfaced after President Abdel Fattah El Sisi met with Russia\u2019s Vladimir Putin\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640928,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/foreign-ministry-condemns-violence-against-rohingya-muslims-in-myanmar\/","url_meta":{"origin":653819,"position":4},"title":"Foreign Ministry condemns violence against Rohingya Muslims in Myanmar","author":"enterpriseam admin","date":"7 September 2017","format":false,"excerpt":"Egypt condemned ongoing violence against the Rohingya Muslims in Myanmar, which has left hundreds and forced thousands more to flee the country, the Foreign Ministry said in a statement yesterday. President Abdel Fattah El Sisi and Russian President Vladimir Putin had both condemned the violence during their meeting at the\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594277,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/el-sisi-brings-up-russian-flights-to-egypt-with-putin-but-no-breakthrough-yet\/","url_meta":{"origin":653819,"position":5},"title":"El Sisi brings up Russian flights to Egypt with Putin, but no breakthrough yet","author":"enterpriseam admin","date":"24 October 2019","format":false,"excerpt":"Emiratis want to get involved with the RIZ, Putin tells El Sisi: The UAE has expressed interest in investing in the Russian Industrial Zone (RIZ), Russian President Vladimir Putin said during his meeting with President Abdel Fattah El Sisi on the sidelines of the Russia-Africa Summit in Sochi, according to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2806.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=653819"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653819\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/653814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/653820"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=653819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=653819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=653819"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=653819"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=653819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}