Egypt looks forward to assuming the presidency of the BRICS grouping in the near future, President Abdel Fattah El-Sisi said, reaffirming Cairo’s commitment to working closely with member states to translate the bloc’s economic potential into concrete partnerships.
El-Sisi made the remarks during his participation in the BRICS summit of heads of state and government in New Delhi, where leaders adopted the New Delhi Declaration as the summit’s final document.
The president said BRICS has an important role to play in strengthening South-South cooperation as countries face interconnected challenges affecting security, energy, trade and global supply chains.
He called for moving beyond dialogue toward specific projects and programs that support sustainable development, diversify sources of growth, raise productivity and narrow development and technology gaps among member states.
El-Sisi highlighted the economic impact of ongoing developments in the Middle East on global trade, energy and supply chains, stressing the importance of maintaining the stability and freedom of international navigation. He said Egypt’s strategic location and role in global trade position it to contribute to stronger links between BRICS economies and international markets.
Against growing debt pressures and limited fiscal space, El-Sisi welcomed BRICS efforts to reform the international financial architecture, develop innovative and concessional financing tools, and strengthen the role of the New Development Bank.
He also welcomed the bank’s adoption of its 2027-2031 strategy, expressing hope that these efforts would improve access to financing for member states.
The president also called for stronger cooperation on food, water and energy security, particularly as developing economies face higher food and energy costs and disruptions to supply chains.
In this context, he said Egypt is continuing work to develop a grain and logistics hub aimed at supporting food security and strengthening the country’s position as a regional trade and logistics center.
El-Sisi also stressed the importance of expanding cooperation on climate change and improving developing countries’ access to climate finance, while supporting a fair and realistic transition toward lower-emission economies that takes into account differences in countries’ circumstances and development needs.
Egypt views BRICS as a promising platform for building practical partnerships and contributing to a more balanced international economic system, El-Sisi said.
He added that Egypt is ready to support joint projects and partnerships and leverage its strategic position to facilitate trade, investment and connectivity between Africa, Europe and Asia.
El-Sisi also welcomed China’s upcoming BRICS presidency, saying Egypt looks forward to building on the progress made under India’s presidency and further developing the grouping’s agenda and partnerships.
