Abdelatty met separately with International Maritime Organization (IMO) Secretary-General Arsenio Dominguez and European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso.
In his meeting with Dominguez, Abdelatty highlighted the strain that regional instability has placed on global supply chains and international navigation, directly impacting the Suez Canal, a critical global shipping route.
The foreign minister outlined Egypt's ongoing infrastructure investments to mitigate global shipping bottlenecks, including expanding dual navigation lanes in the canal and developing the Suez Canal Economic Zone into an industrial and logistics hub.
The minister reviewed Egypt’s strategic role in global maritime shipping through the Suez Canal, pointing to the ongoing development of the waterway, including the expansion of dual navigation lanes to improve global shipping efficiency.
He also highlighted the economic opportunities offered by the Suez Canal Economic Zone, aimed at transforming the canal into an integrated hub for trade, industry, and maritime services.
Dominguez praised Egypt's recent port and logistics upgrades, noting their role in stabilizing global trade flows despite regional disruptions.
The two officials also discussed expanding training programs for regional maritime workers through the IMO’s regional office in Egypt.
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In a separate session, Abdelatty and EBRD President Renaud-Basso reviewed Cairo’s ongoing economic reform agenda, which focuses on fiscal discipline, improving public debt sustainability, and boosting private sector participation.
Abdelatty urged the bank to expand its portfolio in Egypt, pitching investment opportunities in renewable energy, artificial intelligence, and electric vehicle manufacturing.
He noted that Cairo’s economic strategy now prioritizes securing energy and food supplies to buffer against regional military escalations.
Renaud-Basso credited Egypt's structural reforms and its shift to a flexible exchange rate regime for keeping the economy resilient amid overlapping global and regional crises.
Egypt remains one of the EBRD's largest countries of operation in the Southern and Eastern Mediterranean region.
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