NEW YORK/CAIRO, Sept 27 (MENA) – Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty called for unified efforts to strengthen the voice of developing countries in international economic policymaking and to establish a global mechanism that supports local capacities to manage debt burdens.
Speaking at a BRICS foreign ministers’ meeting hosted by India on the sidelines of the 80th session of the UN General Assembly in New York, the top Egyptian diplomat stressed the need for concrete implementation tools to help developing nations meet their development goals, according to a statement by the foreign ministry.
He highlighted the critical funding gaps facing sustainable development efforts and praised the BRICS group’s role in defending multilateralism, with the UN at its core. The minister urged a shift toward a fairer, more inclusive global economy.
Abdelatty also underscored the importance of accelerating cooperation on joint projects in sectors such as energy, manufacturing, infrastructure, emerging technologies, and especially artificial intelligence. He called for expanding the use of local currencies in financial settlements in line with BRICS’ cross-border payments initiative and increasing local currency lending by the New Development Bank.
He also emphasized the need for coordinated efforts to reform the global financial and debt architecture to better reflect the needs and priorities of developing nations, and to secure more affordable financing.
On regional issues, Abdelatty condemned Israel’s continuing acts of aggression against Palestinians, holding it fully responsible for the unprecedented humanitarian crisis in Gaza. He reiterated Egypt’s categorical rejection of any plans to forcibly displace Palestinians from their homeland.
He welcomed the recent UN General Assembly resolution supporting the two-state solution and reaffirmed Egypt’s support for the establishment of an independent Palestinian state on the June 4, 1967 borders, with East Jerusalem as its capital. (MENA)
Egypt urges stronger developing country role in global finance, slams Gaza displacement plans Egypt Independent.
Hence then, the article about egypt urges stronger developing country role in global finance slams gaza displacement plans was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt urges stronger developing country role in global finance, slams Gaza displacement plans )
Also on site :
- Trump’s Christmas Eve calls with children asking about Santa’s whereabouts are steeped in partisan politics
- Update: Flood watch affecting 5 Freeway north of LA until early Friday evening caused by persistent downpours
- Ukraine-Russia war latest: Zelensky awaits Putin response to new peace plan while Christmas Eve blast kills 3 in Moscow